There’s something to be said for correcting issues of corruption, but in some cases the problem is beyond fixing. Corruption in some industries and countries is so pervasive that your organization's best chances of avoiding significant reputational harm and sizeable penalties for regulatory violations lie in simply getting out.
The catastrophic Heartbleed bug, disclosed in early April, impacted hundreds of thousands of popular websites. It is considered one of the most significant, far-reaching vulnerabilities in the history of the Internet, made all the more unsettling because it’s entirely undetectable. Here’s what you can do to protect yourself and your company.
Earlier this year, the Office of Inspector General (OIG) put smaller life sciences companies on notice that they should put in place a risk assessment process as part of their corporate compliance program.
There’s risk enough when information is housed in a single location, but when data is shared between multiple devices – and particularly when files are transferred online – maintaining security becomes far more complex. Follow this guidance when choosing a file-sharing solution for your firm.
HBO’s Game of Thrones is a pretty accurate portrait of the corrupting nature of power. The higher up the corporate ladder one gets, the greater the danger of “agency risk,” or the propensity to pursue what’s best for number one, and not so much for the stakeholders or the organization as a whole. What can businesses do ...
If the CRO or risk leader is to be effective and successful in the organization, he must be given full access to the Board, participate in high-level discussions and strategy setting and seen as an equal to the other C-Suite leaders or executives. The company and its leadership must appear to value the risk management function and enable ...
The data breach at Target last November has been widely publicized and widely criticized. The corporation was aware of intrusions in its software, but failed to respond. And the results for the company – one of the nation’s largest retailers – have been disastrous, as evidenced by the tens of millions of dollars the company has already ...
SOX compliance is now a routine process for most companies. How can we then explain the rapidly growing number of restatements and recognition complaints when companies certify they are in compliance? Author Mark Alexander asks compelling questions. Can your organization provide good answers?
An effective compliance program can protect a company from criminal indictment -- and generate bottom-line results.
Many industry experts, professional services firms, private equity firms and corporate acquirers believe 2014 will be a busy year for mergers and acquisitions.