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grc


May 5, 2016  9:12 AM

PCI DSS 3.2 multifactor requirement among the version’s biggest changes

Fran Sales Fran Sales Profile: Fran Sales
"European General Data Protection Regulation (GDPR)", "Goldman Sachs", "Securities and Exchange Commission", Blockchain, Compliance, Data security standards, GDPR, grc, IBM, multifactor authentication, PCI compliance, PCI DSS, regulatory compliance, SEC

Details surrounding the updated Payment Card Industry Data Security Standard show that version 3.2 includes new multifactor authentication and encryption requirements. Also in recent GRC news: SEC enforcement actions -- or the lack of them -- are raising concerns about the agency's ability to...

February 19, 2016  10:57 AM

Apple, FBI face off in iPhone backdoor debate

Fran Sales Fran Sales Profile: Fran Sales
Apple, Apple iOS, backdoors, Compliance, Dodd-Frank, Encryption, FBI, grc, iPhone

This week, Apple chief Tim Cook said in a letter to the company's customers that it won't give in to the FBI's demand to create an iPhone backdoor....


January 7, 2016  1:31 PM

Repeat HIPAA violators face minimal ramifications

Fran Sales Fran Sales Profile: Fran Sales
grc, HIPAA, PCI compliance, PCI DSS, regulatory compliance, SSL/TLS, TLS

Despite several HIPAA violations, recent data analysis found U.S. healthcare providers such as CVS and the VA face few punitive actions. Also in recent GRC headlines: Companies have two more years to meet the TLS requirement under PCI DSS, and experts foresee big changes ahead for the FCPA's...


December 9, 2015  5:15 PM

New York proposes banking rules to block terrorism funding

Fran Sales Fran Sales Profile: Fran Sales
Compliance, Dodd-Frank, grc, HIPAA, SEC

The governor of New York has introduced new state banking rules designed to curb money laundering and block terrorism funding. Also in recent GRC news: Most healthcare organizations lack HIPAA-compliant messaging apps; the Fed adopts stricter bailout measures; and a former SEC commissioner says the...


November 12, 2015  8:51 AM

Fed Chair says regulatory compliance problems persist at large banks

Fran Sales Fran Sales Profile: Fran Sales
Audit and compliance, CFO, Compliance, Dodd-Frank, Finance, Financial firms, Financial industry, grc, GRC strategy, regulatory compliance, Risk management

In recent regulatory compliance news, the Federal Reserve Chairwoman testified before a House panel that very large U.S. banks still experience "substantial" GRC management failures; recent research casts doubt on...


October 29, 2015  12:27 PM

Goldman Sachs faces $50 million fine to settle document leak case

Fran Sales Fran Sales Profile: Fran Sales
Compliance, Finance, Financial regulations, grc, regulatory compliance, SEC, SOX

This week, Goldman Sachs agreed to pay a $50 million fine to settle a case in which a former employee leaked confidential information from the New York Fed. Also in the news: Bristol-Myers Squibb and other pharma companies face foreign bribery probes; a study found that earnings misstatements are...


October 15, 2015  4:15 PM

What’s compliance worth to the business?

Fran Sales Fran Sales Profile: Fran Sales
board, Chief Compliance Officer, Compliance, grc, risk

In part one of this blog post, we unpack the drivers behind the surge of demand on compliance investments and skilled staff, including new agencies that...


October 15, 2015  4:13 PM

As regulatory wave swells, boards put new focus on compliance functions

Fran Sales Fran Sales Profile: Fran Sales
Chief Compliance Officer, Compliance, grc, regulatory compliance, risk

Boards of directors are increasingly seeing the value of regulatory compliance, as the past year has seen a worldwide spike in compliance spending and the hiring of skilled compliance staff, according to data collected...


September 30, 2015  5:37 PM

Fitbit achieves HIPAA compliance, targets more corporate customers

Fran Sales Fran Sales Profile: Fran Sales
CFO, grc, HIPAA, HIPAA Compliance, regulatory compliance, SEC, Wearable devices

Wearable fitness tracker company Fitbit recently announced that its devices are now HIPAA-compliant, broadening the types of businesses it aims to work with. Also in recent GRC news: CFOs report widespread earnings misrepresentation; SEC proposed changes to its administrative...


September 16, 2015  5:21 PM

Court rules that Dodd-Frank protects internal whistleblowers

Fran Sales Fran Sales Profile: Fran Sales
boards, Dodd-Frank, grc, GRC management, SEC, Senior management, Stock market

The Second U.S. Circuit Court last week decided that whistleblowers who report internally before going to the SEC are covered by Dodd-Frank's anti-retaliation rules. In other recent GRC headlines: New rules that address algorithmic trading risks are imminent, and a survey found that boards of...


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