All Technology articles – Page 27
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Embattled TikTok appoints global general counsel
TikTok announced veteran attorney Erich Andersen will join the company as global general counsel. His appointment comes at a time when the Beijing-based social networking app is under heightened scrutiny from the U.S. government.
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LendingUSA adds general counsel, CCO
FinTech firm LendingUSA announced the hire of Andrew Cosgrove as its new general counsel and chief compliance officer.
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Microsoft data leak points to industry-wide security vulnerabilities
Microsoft made headlines when it was discovered that nearly 250 million customer service and support records were exposed on the Web through several unsecured cloud servers. But that’s only a glimpse into wider cloud-security weaknesses throughout the industry.
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Neuronetics appoints CCO, general counsel
Medical technology firm Neuronetics announced the addition of Andrew Macan as senior vice president, general counsel, chief compliance officer and corporate secretary.
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CCPA compliance costs projected to reach $55B
An economic impact assessment of the CCPA forecasts short-term disadvantages for smaller companies and emerging markets around compliance solutions and data-based products.
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Samsung establishes compliance oversight committee
Samsung Group has announced its intent to establish a corporate compliance oversight committee as the company seeks to clean up its tarnished reputation following a slew of scandals.
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White House proposes AI regulatory principles to limit government overreach
In sum, federal agencies should reject “rigid, design-based regulations” in favor of flexible approaches to artificial intelligence applications.
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DXC Technology appoints chief risk officer
DXC Technology announced Carla Christofferson has been appointed chief risk officer to lead the company’s risk and security efforts.
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Premium
Top ethics and compliance failures of 2019
From antitrust and privacy concerns in the tech world to compliance officer liability in the pharmaceutical industry to unethical practices in the banking and accounting professions, more than a dozen companies made Compliance Week’s list of the biggest compliance fails in 2019.
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Apple, Walmart among compliance winners of 2019
Strong social stances, a dedication to doing what’s right, and leading by example highlight the qualities exemplified by our list of ethics and compliance winners of 2019.
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Top EU advisor: Clauses used for EU-U.S. data transfers ‘valid’
Big Tech can breathe a sigh of a relief that the mechanisms it uses to transfer data outside of the European Union to “third countries” provide sufficient privacy protection, according to a key advisor to the EU’s top court.
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Companies deserve a break on rushed CCPA compliance
The CCPA has been rushed from the start, says CW Editor in Chief Dave Lefort, who believes the California attorney general’s plan to give leniency for companies making good-faith efforts is the right call.
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Future-proofing the compliance professional
There may be many aspects of the future outside our influence, but something we can control is our ability to invest in our knowledge and skills to better prepare us for the opportunities and challenges we may be presented with.
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International banking regulator: Big Tech ‘may pose risks to financial stability’
Big technology firms like Amazon, Facebook, Twitter, and Google are a potential risk if they get more heavily involved in providing financial services, says the Financial Stability Board.
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GoDaddy announces new accounting chief
Web hosting company GoDaddy disclosed to the SEC the appointment of Nick Daddario to serve as chief accounting officer and principal accounting officer.
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Republicans, Democrats spar over federal privacy bill
Republicans and Democrats have differing opinions on the rights and role of a federal privacy law, but both sides agreed at a Senate Commerce Committee hearing Wednesday the time to act is now.
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Technology at center of Clayton-moderated discussion at SEC
“Message received,” SEC Chairman Jay Clayton said as panelists at his discussion on global macroeconomic trends emphasized how technology is affecting markets and why regulators must lead rather than follow.
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ICO draft guidance helps U.K. firms clarify AI choices
The U.K. Information Commissioner’s Office has released guidance that lays out four principles—based on the GDPR—companies must consider when applying AI to their systems.
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Senate Dems propose ‘clear as a bell’ U.S. privacy law
Senate Democrats have proposed a new federal data privacy bill that seeks to empower consumers and support their civil rights in the digital economy.
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OFAC: Apple shows ‘reckless disregard’ for sanctions in ‘non-egregious’ violation
The Treasury Department’s Office of Foreign Assets Control had harsh words for Apple’s sanctions compliance program in announcing a not-so-hefty $466,912 settlement with the technology giant.