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It's no secret that the digital age has forced big changes to corporate risk and compliance processes -- and that many companies are having difficulty adapting. In 2014, multi-billion dollar regulatory settlements by top banks became commonplace, while there was a record number of reported data breaches in the U.S. A recent Forrester Research report predicted that in 2015, there will be more corporate failures to address regulatory enforcement and consumer risks than the previous year, with even bigger financial losses.
Join SearchCompliance on Twitter Thursday, March 26, at 12 p.m. EST, for a #GRCChat about how companies can balance business GRC management with consumer risk abatement in the digital age. Topics we may discuss include best practices to avoid both regulatory and consumer risk, the compliance risks created by customer-centric technology and whether corporate compliance regulations provide enough incentive for business to improve data protection.
SearchCompliance editors will lead the chat from the site's Twitter handle, @ITCompliance, joined by other TechTarget writers, editors and experts.
Date: Thursday, March 26, 2015
Time: 12 p.m. EST
Hashtag: Use and follow #GRCchat
Is this your first #GRCchat? Whether you're a first-timer or returning tweet chatter, read the following pointers before signing on:
To follow the conversation, type "#GRCchat" into Twitter's search bar. From this page, select "All" to view tweets in real time.
Your first #GRCchat tweet should be introductory, including your name, title and organization.
@ITCompliance will ask a series of questions related to GRC management, starting at 12 p.m. EDT (Q1, Q2, etc.). In your tweeted responses to each question, please preface with A1 (Answer 1), A2 and so on, then remember to include "#GRCchat." Each tweet sent during the chat should include the hashtag.
Please note that Twitter allows only 140 characters per tweet. You are welcome to tweet multiple responses to each question (consider using format "1 of 2" or "1/2" to identify there is more)
Throughout the discussion, retweet (RT) and favorite tweets you agree with and reply to those you don't.
Please direct questions, RSVPs or other concerns to SearchCompliance Editor Ben Cole. See you on Twitter!
Learn more about how the current compliance landscape is influencing company processes, and how companies are starting to invest in digital technology to meet consumer demand.