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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jaclyn Jaeger2023-03-07T13:30:00
In public remarks made over the last few years, multiple officials at the Department of Justice (DOJ) have said the agency is now using data analytics to detect criminal conduct—and that they expect compliance functions to be doing the same.
The idea of using data analytics for compliance purposes did not gain much traction until 2020, following publication of the DOJ’s revised “Evaluation of Corporate Compliance Programs” guidance. That guidance, in part, represented the first time the agency explicitly laid out its expectations compliance departments should be using data analytics to proactively monitor compliance risks.
In a recent webinar sponsored by EY, the chief compliance officers of Google and Uber offered insight into how their own data analytics compliance programs have evolved.
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News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
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Our lowest price ($1 per day) for one year.
2024-02-07T18:00:00Z By Jeff Dale
Alphabet, the parent company of technology giant Google, agreed to pay $350 million in a preliminary settlement with shareholders over alleged data privacy violations and materially false and misleading statements linked to now-defunct social media site Google+.
2023-05-17T19:30:00Z By Aaron Nicodemus
One of the ways the Department of Justice will assess a firm’s compliance program is by judging how accessible and visible a company’s data is to its compliance function, an agency official told attendees at Compliance Week’s 2023 National Conference.
2023-02-08T18:37:00Z By Kyle Brasseur
Gentex Corp. agreed to pay $4 million as part of a settlement with the Securities and Exchange Commission regarding alleged failures in its internal accounting controls that affected executive and employee bonus compensation programs over several years.
2024-06-21T18:28:00Z By Aaron Nicodemus
A new report on the use of artificial intelligence in financial services predicts that the technology will drive profits, disruptions, and change over the next decade.
2024-05-08T13:06:00Z By Aaron Nicodemus
Three experts join the Compliance Week podcast to discuss opportunities and risks posed by artificial intelligence, as well as governance frameworks your organization can implement to ensure AI tools are utilized safely and ethically.
2024-05-06T20:23:00Z By Adrianne Appel
Microsoft published a public report covering its artificial intelligence endeavors and steps it is taking to make the controversial technology safe.
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