Business:Management
What is Driving Compliance Engagement at the Board?
2023-06-28
The award winning, Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. Looking for some hard-hitting insights on sanctions compliance? Look no further than Compliance into the Weeds!
In this episode, co-hosts Tom Fox and Matt Kelly dissect the Navex 2023 State of Risk and Compliance Report. Tom and Matt delve into Navex's annual benchmarking report, which surveyed 1,300 compliance professionals. The report revealed that 53% of respondents described their compliance programs as mature. The speakers question whether the board is driving the conversation or if compliance officers are requesting updates due to potential liability. The report's findings on cybersecurity and privacy concerns, survey results on where compliance should reside in a company, and the importance of having a mature anti-bribery anti-corruption compliance program are all discussed. Tune in to hear more about how compliance officers can address pressing concerns such as cybersecurity breaches and attacks.
Key Highlights
· Navex's benchmark report on compliance programs
· Board-Compliance Officer Relationship & Cybersecurity in Compliance
· Necessity of Dedicated Compliance Committees
· Survey Finds Diverse Views on Compliance Placement in Companies
· The Importance of Anti-Bribery Compliance for Cybersecurity
· Compliance Officer Reporting to CISO Dynamics
Resources
Matt
Blog Post in Radical Compliance
Tom
YouTube
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