Russia loses its “Most Favored Nation” status with EU.
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Day: March 24, 2022
Welcome to the Greetings and Felicitations, a podcast where I explore topics which might not seem to be directly related to compliance but clearly influence our profession. In this episode, we conclude a two-part series with Aly McDevitt, Data & Research Journalist at Compliance Week. We take a deep dive into her recent series case study on a ransomware attack on a fictional company. Highlights include:
· Who are hackers? What is a cyber incident response playbook and how does each person handle their roles in the event of a ransomware attack?
· How and when should stakeholders be notified? Who and what type of notification should be made?
· What goes into the decision to pay? What are the pros and cons of each path?
· What are some key lessons for companies from the story?
· A hint of what Aly may have in store for future articles and series.
Resources
Ransomware case study in Compliance Week
Aly McDevitt
Leo Bonanni is founder and CEO of Sourcemap, the social network for supply chains. Sourcemap provides supply chain mapping software for companies, that traces products, evaluates social, environmental and financial risks, and monitors improvements over time. Leo is also a board member at Bluenumber Foundation, a former faculty member at NYU and Columbia University, and a former visiting scientist at MIT Media Lab. He joins host Gwen Hassan to explore how Sourcemap is maintaining supply chain integrity and transparency with social networks.
The impetus behind Sourcemap was transparency in a world of greenwashing, Leo shares. He observed the emergence of user-generated content and the convergence of the democratization and open dissemination of ideas, and connected the two to make it easier to maintain supply chain integrity. When Sourcemap launched in 2011, there were numerous companies interested in mapping their supply chains to gain a competitive edge.
Audits were the predominant technique used to manage social and environmental performance in extended supply chains. Sourcemap is expanding the power of audits by collecting data from all of the actors in a high-risk region.
Resources
Leo Bonanni on LinkedIn | Twitter
Sourcemap.com | Sourcemap on Twitter
Welcome to the only roundtable podcast in compliance. The entire gang was also recently honored by W3 as a top talk show in podcasting. In this episode, we have the quartet of Jay Rosen, Jonathan Armstrong, Tom Fox and Matt Kelly. We conclude with our fan favorite Shout Outs and Rants.
1. Jay Rosen discusses the connection between corruption and the Russian invasion of Ukraine and the leadership differences between Presidents Putin and Zelensky. Rosen rants about Mavericks owner Mark Cuban over the allegations of former GM Donnie Nelson that Nelson was fired for reporting a sexual assault of a Maverick employee.
2. Matt Kelly looks cybersecurity and the state of proposed new rules from the SEC governing the conduct of public companies which sustain a cyber breach. Kelly rants about West Virginia Senator Joe Manchin opposes electric cars because customers would have to wait too long at charging stations for batteries to be replaced (electric car batteries are recharged not replaced).
3. Jonathan Armstrong looks at the increase in cyber-attacks and ransomware demands and a GDPR enforcement action involving Tucker’s. Armstrong shouts out to TV show editor Marina Ovsyannikova who on live TV in Moscow, stood up to the President Putin by holding a sign which said, “Russian: “Don’t believe the propaganda. They’re lying to you here.” In English it said: “No war … Russians against war.”
4. Tom Fox discusses the recent District Court decision in the Coburn case and what it means for all involved; the DOJ, companies under FCPA investigation and counsel who perform internal investigations. Fox rants about Texas AG Ken Paxton who once again disobeyed a District Court injunction forbidding the state of Texas from investigating the parents of transgender teens for child abuse.
The members of the Everything Compliance are:
• Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com
• Karen Woody – One of the top academic experts on the SEC. Woody can be reached at kwoody@wlu.edu
• Matt Kelly – Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com
• Jonathan Armstrong –is our UK colleague, who is an experienced data privacy/data protection lawyer with Cordery in London. Armstrong can be reached at jonathan.armstrong@corderycompliance.com
• Jonathan Marks is Partner, Firm Practice Leader – Global Forensic, Compliance & Integrity Services at Baker Tilly. Marks can be reached at jonathan.marks@bakertilly.com
The host and producer, ranter (and sometime panelist) of Everything Compliance is Tom Fox the Voice of Compliance. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the Compliance Podcast Network.
