Live Nation Entertainment, the global entertainment and ticketing giant, has fallen victim to a cyber attack where company data was accessed and stolen by a criminal hacker. The company disclosed the incident in a regulatory filing.
The European Union has adopted a sweeping package of new anti-money laundering (AML) rules aimed at better protecting the bloc's financial system from illicit funds and terrorist financing. The stricter regulations will harmonize enforcement across member states and introduce more stringent requirements for certain sectors.
In today's globalized economy, supply chains span continents, connecting a vast network of suppliers, manufacturers, and distributors. While this intricate web fuels economic growth, it also introduces significant risks, including the often-overlooked issue of workforce exploitation. As regulators tighten scrutiny and consumers demand ethical sourcing, organizations must prioritize labor rights throughout their supply chain.
As organizations increasingly rely on software-as-a-service (SaaS) solutions to power their operations, the need to secure sensitive data has become paramount. While SaaS providers offer convenience and scalability, they often fall short in providing robust data protection measures, leaving the onus on businesses to safeguard their critical information.
The U.S. Department of Labor has filed a federal complaint against Hyundai Motor Manufacturing Alabama LLC and two of its suppliers, accusing the companies of employing oppressive child labor and seeking to stop their illegal use of underage workers.
The escalating cybersecurity threat environment is keeping compliance professionals on their toes, according to the latest Wall Street Journal survey. An overwhelming majority of companies (90%) reported an increase in cybersecurity risks over the past year, with nearly half describing the risk as having shot up substantially.
While Microsoft Office tools like Word, Excel, and Outlook are ubiquitous in businesses, relying solely on these manual methods for internal audit processes is highly inefficient and risky. Most organizations still use scattered documents, spreadsheets, emails, and SharePoint sites to manage audits, risk assessments, compliance activities, and other internal audit (IA) functions. However, this outdated approach has major drawbacks that can undermine IA effectiveness.