Cybersecurity and social media compliance risks are chief concerns of compliance and ethics professionals

CIOReview Team | Wednesday, 13 April 2016, 05:16 IST

Cybersecurity and cybercrime tops the list of compliance and ethics professionals’ hot topics, according to a survey conducted during January 2016 by the  Society of Corporate Compliance and Ethics (SCCE)  and Health Care Compliance Association (HCCA). Rounding out the top five issues are social media compliance risks, leveraging compliance practices with business practices to be more effective and efficient, creating/maintaining an ethical culture, and more effective internal investigations according to “Compliance and Ethics Hot Topics for 2016” report. 

“Compliance is spanning the spectrum from culture to cybercrime,” said SCCE and HCCA CEO Roy Snell.  “That’s an enormous mandate and really talks to how much businesses have come to rely on compliance programs to ensure that their organizations operate properly.”

The ranking of hot topics shifted when the survey was broken down by respondent types. Survey respondents from multinational, publicly traded, and large companies each listed third-party risk as number one, respondents from government employers ranked creating/maintaining an ethical culture number one, while health care companies listed social media compliance risk as number one.