Most days, a Compliance Officer walks into their office and does one of many routine activities required by the Bank Secrecy Act or the PATRIOT Act. All of that changed on January 1, 2021 when the U.S. Senate voted to supersede former President Trump’s veto of the National Defense Authorization Act; legislators passed it into law and it includes the Anti-Money Laundering Act of 2020 (AMLA).
There are a number of benefits to outsourcing to third-party providers, but do business leaders truly understand the full scope of the holistic risks to their organization when deciding to hire an external provider?
This is a follow-up to my previous blog title, The Importance of Cybersecurity Compliance. In that article, I explain why organizations of all types and sizes should embrace good cybersecurity practices to protect their organization’s people and information assets. I also outlined three of the many cybersecurity compliance frameworks that provide best practice guidance in achieving good cyber-health (ISO, NIST, and CMMC).
Every organization, regardless of its specific field or specialization, has “something” they must comply with. Compliance requirements can come from several sources, including laws, regulatory requirements, and best practices.
Companies have been embracing the digital transformation movement for some time now. The COVID-19 pandemic has accelerated that transformation by six years according to some estimates.
Information Integration Inc. (i3)
1345 Avenue of the Americas, 33rd Flr.
New York, NY 10105
Information Integration Inc. (i3)
1345 Avenue of the Americas, 33rd Flr.
New York, NY 10105
