GRC Report Staff

The famous philosopher Francis Bacon once stated, "Knowledge is power." This phrase, first coined in his 1597 work Meditationes Sacrae, has proven to be true time and again, particularly in the modern business world. In today's data-driven landscape, organizations are quickly recognizing that one of their most valuable assets is data and information. However, as the volume of data continues to grow exponentially, companies are struggling to manage and leverage this "power" effectively.

The Commodity Futures Trading Commission (CFTC) recently announced it awarded over $4.5 million to a whistleblower who provided detailed information in support of an enforcement action.

The USA's consumer watchdog is taking new steps to rein in financial companies that repeatedly violate the law. On Monday, the Consumer Financial Protection Bureau (CFPB) finalized rules to create a public registry of non-bank firms that engage in illegal practices like predatory lending, deceptive fees and other consumer abuses.

Environmental, social, and governance (ESG) considerations are becoming more deeply ingrained across all stages of the mergers and acquisitions (M&A) lifecycle, according to the results of Deloitte's 2024 ESG in M&A trends survey.

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.