- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
A Freedom of Information Act lawsuit is seeking the release of unredacted Facebook privacy assessments from the Federal Trade Commission. The assessments were mandated under the terms of a 2011 consent order.
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Big Tech digital payment apps will be subjected to increased oversight and requirements–similar to that of banks and credit unions–under a finalized rule by the Consumer Financial Protection Bureau.
Data governance has become a key concern for companies, especially when the EU AI Act and General Data Protection Regulation have put a premium on handling data responsibly and ensuring that artificial intelligence does not cause harm.
The era of artificial intelligence adoption is testing the old ways of doing compliance, underscoring the need for continuous monitoring. Compliance isn’t a one-and-done activity, but sometimes organizational incentives and goals fail to prioritize the importance of this.
