Compliance
New Card Payment Security Standards Are Coming. What Do They Mean for Your Business?
In March, the Payment Card Industry Security Standards Council published Payment Card Industry Data Security Standard (PCI DSS) Version 4.0 to address emerging threats and market changes. PCI DSS v4.0 is set to go into full effect in March 2025, replacing PCI DSS Version 3.2.1. Learn how this will impact your business. Like its predecessor, PCI DSS v4.0 is centered...
Touchdown or Fumble? What Compliance Can Learn From the NFL’s Disciplinary System
Cheering for your favorite team (or against the one you hate), makes it easy to forget that NFL players are employees. If they violate team or league rules and regulations, they can be fined or even suspended. But suspensions do more than just create chaos in your fantasy football season; they speak to the effectiveness of the NFL’s compliance program....
DOJ Rules Coming on Web Accessibility for State, Local Governments; Businesses Should Pay Attention, Too
An effort that began in 2010 under the Obama Administration — establishing web accessibility regulations for state and local governments under Title II of the ADA — has been renewed by the Biden DOJ. Kristina Launey and John W. Egan, partners at Seyfarth Shaw, dig into the history of this long-desired effort and what questions the regulations should address. The...
You’ve Brought a Diverse Team to the Table. Now What?
Companies large and small are expected to deepen their focus on diversity, equity and inclusion (DEI) programs over the next several years. But as Janet M. Stovall and Evynn McFalls of NeuroLeadership Institute explain, going beyond lip service means committing to constant improvement efforts. Several months after a splashy public announcement about advancing diversity, equity and inclusion, a company promoted...
Supremely (un)Important? SEC Rules, Market Forces Will Be a Bigger Deal Than EPA Decision for Manufacturers
Though a blow for climate activists, the Supreme Court’s ruling in West Virginia vs. EPA is unlikely to have the landscape-shifting impact on manufacturing companies that some have predicted. Assent’s Jared Connors explores why the SEC’s proposed rules and other factors matter more. The U.S. Supreme Court’s June ruling on West Virginia v. Environmental Protection Agency (EPA) significantly restricts the...
Did Covid Lead to a Lower HIPAA Fine?
Eye-popping fines over violations of the right of access portion of the federal HIPAA healthcare law aren’t exactly common, and a recent slate of fines and settlements show that most healthcare providers can avoid six-figure penalties by simply trying to do the right thing. The Department of Health and Human Services Office for Civil Rights (OCR) announced 11 enforcement actions...
Hidden Threat? They Know There’s a Problem, But Companies Are Still Failing to Intercept Real-World Dangers
From climate change to the Covid-19 pandemic to hateful political rhetoric — modern society poses risks not only to the people who live in it but the businesses and organizations those people work for, manage and own. And while both physical and digital threats and business risks are rising, a new report from Ontic finds that many U.S. businesses are...
The Energy Revolution Is Underway: Is Your Company a Player?
Informed organizations in all industries are establishing carbon emissions reduction and net-zero targets. Protiviti’s Jim DeLoach explores how strategic conversations in the C-suite and boardroom have an important role to play. Everyone knows that reducing energy consumption is a priority. The introduction of renewables continues as costs decline. The percentage of electricity consumed through non-fossil fuels sources — solar, wind,...
What’s in It for Me? Gartner Says Workers Need to Be Convinced of Compliance’s Value Proposition
After years of companies working to build a strong speak-up culture, a new Gartner report shows that many employees still need motivation that may surprise their employers when it comes to saying something when they see something: They need to know if reporting misconduct will benefit them. Just over half of the 900-plus workers Gartner surveyed said they believed reporting...
Where Does Your Cotton Come From? Dismantling Global Forced Labor Requires Pinpoint Supply Chain Transparency
At any given time on earth, an estimated 25 million people are forced to work against their will. The human rights atrocities alleged in China’s Xinjiang Uyghur Autonomous Region have rightly generated outrage and political action. New laws coming into effect in the U.S. this year and Europe next year aim to strip the global supply chain of products made...
SEC Is Pushing Back Against Greenwashing; Bribery, Corruption Investigations Provide Valuable ESG Lessons
Smart firms are investing in ESG programs not just to showcase their cultural bona fides but to appeal to consumers and employees. But these programs can also heighten regulatory and reputational risk. Let’s explore some lessons ESG leaders could take from anti-bribery and anti-corruption probes. FTI Consulting’s Beth Jones, Brian Ong, Edith Wong and Michael Cullen co-authored this article. As...
Navex 2022 Risk & Compliance Hotline & Incident Management Benchmark Report
Measure your program’s performance against market standards and industry norms. Benchmark Report 2022 Risk & Compliance Hotline & Incident Management Benchmark Report About this report from Navex: Two notable forces impact the analysis: the post-pandemic stability as organizations continue to find their footing, and the increasing empowerment of employees who understand their rights, obligations, and opportunities as both employees and...
