Increased Government Scrutiny Worries Compliance Teams

From: InfoSecurity

US/North America News Reporter, Infosecurity Magazine

With federal agencies turning up the heat and as investigative and enforcement activities abound, 81% of compliance officers have increased apprehension when it comes to their personal liability in situations of corporate misconduct, especially when it comes to privacy and cybersecurity.

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“Between the DOJ’s memorandum and the SEC’s latest initiatives, there’s considerable rhetoric driving the government’s renewed focus on corporate misconduct and the prosecution of company executives,” said Brett Ingerman, co-chair of DLA Piper’s Global Governance and Compliance practice. “The most revelatory parts of this survey lie in the specific feedback from compliance officers who are facing increased personal accountability for organizational misdeeds whether they perpetrated the wrongdoing or not.”

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