On 30th January, 2020, World Health Organization (WHO) declared the outbreak of COVID-19 as a public health emergency of international concern and global pandemic. With this declaration, governments worldwide created new laws to fight this pandemic. Governments in some countries suspended certain economic activities whereas other countries are in different phases of lockdown. With new
Introduction The main objective behind implementation of a compliance program is to keep a record of whether the organizations act responsibly and comply with the laws and regulations. Thus, creating effective compliance programs for a better business culture is important. How to create effective and agile compliance programs in order to make the business culture
Introduction The 15th Global Risk Report released in January 2020 by World Economic Forum shows some of the top risks that would impact the world in 2020 and ahead. The report highlights the top risks that organizations might face in 2020. It also throws a light on key issues like the environment, global economy, healthcare, technological
As corporations are going digital, cybersecurity has become one of the biggest concerns for the board members. A recent survey conducted by Accenture involving 4644 organizations leading in cybersecurity practices, found that the basic cybersecurity of the organizations has improved. But, with the ever-evolving technology, the attackers have started shifting their targets to weaker spots
What is CCPA? The California Consumer Privacy Act addresses the personal information data and privacy rights for the residents of the California state. The much-debated California Consumer Privacy Act (CCPA) has officially come into action from January 1, 2020. The CCPA will have wide-reaching implications for many companies. Under CCPA, any California resident can take
Introduction Artificial intelligence (AI) has evolved drastically and has taken the center stage in a variety of businesses. Various companies have now started understanding the importance of AI. So, the board of directors should take into consideration the responsibility that comes while using AI in mission-critical applications. What should you consider while using AI?
Introduction The year 2019 is ending and the year 2020 will begin soon. With the start of the new year and start of a new decade, it is imperative that the board leaders (independent chairs or lead directors) rethink their strategy on how to interact and operate with their businesses because they are the catalyst
In the recent past we have seen discussions around Environmental, Social and Governance investment, it is not a new phenomenon, but has risen exponentially in the last five-six years. Including ESG factors in investment strategy is directly related to the financial performance and business sustainability of an organization. The investors and leaders in addition to
In today’s globally connected business environment businesses are using Cloud based applications to store their data. But have you ever given a thought how secured that data is? Recent past reveals that data breaches or cyber attacks have cost businesses millions of dollars. Today here in this blog, we will discuss What is Cloud Security?
California Consumer Privacy Act (CCPA), passed in June 2018 will affect majority of the businesses when comes into effect on January 1, 2020. The law dictates that the consumers of California have the right to access any or all the personal data being held by a company and can request the company to get it