- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Bank CEOs and boards have a fresh batch of cyber-security guidance to evaluate. On Wednesday, The Conference of State Bank Supervisors released “Cybersecurity 101: A Resource Guide for Bank Executives,” a document that collects industry-recognized standards and best practices that are currently used within the financial services industry.
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Image: Despite consensus that risk is a big deal—something companies should manage aggressively—recent academic research suggests that boardroom leaders focus on vastly different risks than compliance, audit, and risk executives do. “I wonder if there is a lack of understanding of the views of risk across the management team,” says ...
Meta disclosed in a public filing that an investigation by the Consumer Financial Protection Bureau related to financial product advertising on platforms Instagram and WhatsApp may lead to a lawsuit.
While companies are exploring and building artificial intelligence technology, lawmakers and regulators are trying to identify what ground rules they need to set. These guardrails are what companies and governments alike believe are essential parts of ensuring safe and responsible use of the technology.
