Trump presidency raises questions for regulatory compliance

The future of regulatory compliance is under scrutiny as President-elect Donald Trump's administration continues the transition process. Also in recent GRC news: Hackers demanded ransom after disabling San Francisco's transportation system, 'dronejacking' could become the next security issue and...
GRC roundup: UK intelligence agencies’ data collection efforts deemed illegal

Government intrusion of data privacy continues to be a global issue, as a British court recently ruled that UK security agencies illegally collected citizens' data for 17 years. Also in recent GRC news: Facebook joins the list of businesses adopting the
Wells Fargo fires 5,300 employees for illegal sales practices

Wells Fargo has been fined $185 million and fired more than 5000 employees after the discovery of an illegal sales push that duped customers for years. Also in recent GRC news, U.S. businesses with European clients are unprepared for the European Union General Data Protection Regulation (GDPR),...
Apple tax troubles: EU says Apple owes Ireland $14.5B in unpaid taxes

The E.U. has ordered Ireland to collect more than $14B in taxes from Apple that, according to the E.U., have gone unpaid for years. Also in recent GRC news, state voter registration system breaches continue to highlight vulnerabilities in the U.S. election process and Dropbox finally confirmed more...
Bitcoin hack leaves investors apprehensive

Investors are nervous about bitcoin's future value after Bitfinex, one of the world's "big four" bitcoin exchanges, was hacked and had nearly $65 million worth of bitcoins stolen. Also...
Privacy Shield gets regulators’ stamp of approval

The Privacy Shield data transfer pact finally received the green light from U.S. and EU privacy regulators, and businesses can begin registering to comply with the...
New Jersey CTO targets compliance, security standards

New Jersey's new chief technology officer has announced plans to boost data security by ramping up compliance monitoring in the state. In other GRC news, the Consumer Financial Protection Bureau has proposed exempting certain financial institutions from the annual privacy notice requirement under...
At Google, company culture key is to assuring consumer privacy

The lack of comprehensive federal privacy legislation leaves not only consumers vulnerable, but also companies frustrated. Many consumers lack information about the many ways their personal data is used, what parties use it, and the ways it could be potentially misused; meanwhile, companies seeking...
FCC’s consumer privacy proposal: Harmful to innovation?

The FCC's newly proposed privacy protection rules requires broadband and wireless providers to obtain consumer consent before collecting and sharing their data, but some are concerned this approach is detrimental to innovation. Also in recent GRC news: The U.S. Department of Justice announced a...
Twine Health CEO: Frequent, real-time interaction boosts patient trust

Despite the prevalence of consumer data collection and analysis today, there remains a glaring lack of clear policies and legislation around the protection of that data, according to