Innovation In Compliance With Tom Fox

Welcome to a special six-part podcast series, sponsored by Exiger, on the TRADES Framework, a conceptual, strategic and practical guide for Third-Party and Supply Chain Risk Management designed by Exiger to help organizations achieve supply chain resiliency and optimize risk management at any phase of maturity. Today we consider the TRADES Framework uplift evaluation with Brandon Daniels, resident, Global Markets and Josh Thiel, Executive Intern (Former Commander of Special Operations Task Force). Highlights Include: E is for evaluation. Evaluation at the Strategic Level. The role of the Board. What is the role at the Program Level? The Tactical Level? What is the role of senior leadership? Join us for our concluding episode, when Brandon Daniels and Erika Peters give a review of supplier monitoring and an update on how government and critical industry are leading the charge using TRADES to out-pace threats and vulnerabilities while minimizing third party and supply chain risk management gaps.  Resource

Welcome to a special six-part podcast series, sponsored by Exiger, on the TRADES Framework, a conceptual, strategic and practical guide for Third-Party and Supply Chain Risk Management designed by Exiger to help organizations achieve supply chain resiliency and optimize risk management at any phase of maturity. In this episode,In this episode, I visited with Carrie Wibben, Senior Vice President, Exiger Federal Solutions   and Aaron Narva, Senior Vice President, Head of Corporate Markets on determining risk mitigations.  Highlights Include: D is for determine risk mitigation. Solving problems and taking action. Both critical and creative thinking required. Coordination with the compliance function. The Role of Due Diligence. Join us tomorrow, where we discuss the step, evaluate the TRADES Framework uplift with Brandon Daniels and Josh Thiel. Resources Exiger TRADES Framework Exiger Website Aaron Narva Carrie Wibben

Welcome to a special six-part podcast series, sponsored by Exiger, on the TRADES Framework, a conceptual, strategic and practical guide for Third-Party and Supply Chain Risk Management designed by Exiger to help organizations achieve supply chain resiliency and optimize risk management at any phase of maturity. In this episode, I visit with Laura Tulchin, ESG Solutions Lead and Peter Jackson, ESG Solutions Lead and Peter Jackson - Director of SCRM Data Management & Innovation on assessing your current risks. Highlights include: A is for assessing risks. What is the ESG angle? Why is the maturity of your program critical? How do you put this into practice? Source provenance and authentic markers. Resources Exiger TRADES Framework Exiger Website Laura Tulchin Peter Jackson

Welcome to a special six-part podcast series, sponsored by Exiger, on the TRADES Framework, a conceptual, strategic and practical guide for Third-Party and Supply Chain Risk Management designed by Exiger to help organizations achieve supply chain resiliency and optimize risk management at any phase of maturity. In this episode, I visit with Theresa Campobasso, Senior Account Manager, National Security and Intelligence and Matt Hayden, Deputy Lead of GovTech Solutions (Former Assistant Secretary of Homeland Security for Cyber, Infrastructure, Risk, and Resilience) on risk methodology. Highlights Include: R is for Risk Methodology. Look at risk from multiple levels. Determining your Crown Jewels. Look at Macro Risks. Join us in our next episode where we discuss how to assess current risks with Laura Tulchin and Peter Jackson. Resources Exiger TRADES Framework Exiger Website Theresa Campobasso Matt Hayden

Dan Zitting, previously Chief Product Officer, now holds the title of CEO at Galvanize, a software company that helps its clients achieve their goals and objectives. Tom Fox welcomes him back to this week’s show to talk about fraud risks, and what it means for the compliance professional. A Period of Change Rapid change during the pandemic is the main catalyst for the increase in fraud. The move to remote work created new susceptibility to cyber fraud. “The pandemic and the news, and noise created around it, created all kinds of new ways for clever social engineers to talk people into doing things they shouldn't be doing,” Dan explains to Tom. It’s important for GRC professionals to be aware of and ready for change, he adds. We have to realize that change has sped up and will continue to do so in the business environment, regulatory environment, and social justice areas. The rate at which change will increase will be much greater in the future than it has been in the past. Choosing The Right Technology Choo

Welcome to a special six-part podcast series, sponsored by Exiger, on the TRADES Framework, a conceptual, strategic and practical guide for Third-Party and Supply Chain Risk Management designed by Exiger to help organizations achieve supply chain resiliency and optimize risk management at any phase of maturity. Exiger was founded to fight financial crime, fraud and terrorist financing by introducing technology-enabled solutions to the market's biggest supply chain, risk, investigation, litigation, and compliance challenges. A global authority on risk and compliance, Exiger serves the world's largest banks, Fortune 1000 companies and government agencies and regulators. In this first episode, we consider transparency with Skyler Chi and Tim Stone.  Highlights include: T is for Transparency. Taking stock. Using internal and external elements. What is inherent risk? What is imposed risk? 3 Levels: Strategic, Program an Entry. Join us in our next episode, where we discuss the Risk Methodology with Theresa C

Tracy Manning is the Director of Financial Crime at LexisNexis Risk Solutions, and is Tom Fox's guest this week on this episode of the Innovation In Compliance Podcast. She is a digital identity and financial crime expert, and currently leads the Commercial Strategy and Product Innovation for Financial Crime Market at LexisNexis. In this episode, Tracy and Tom are discussing the growth of digital transactions in the past year and what issues it may pose for compliance. The Growth of Digital Transformation Tracy remarks that the pandemic spurred digital growth, especially digital transactions. Digital commerce grew 44% last year, and its rate of acceleration is about five to seven years ahead. She adds that surveys show that these trends will not reverse, even as the world reverts to pre-pandemic environments.  Greater the Explosion, Greater the Risk  “With this explosion obviously we have greater opportunities, but I think perhaps greater risk,” Tracy says. While the vast growth of digital transformations i

David Carns is the Chief Revenue Officer at Casepoint LLC, an eDiscovery platform for the artificial intelligence space. He is an attorney and technologist who has always been fascinated by the intersection between law and technology. Tom Fox welcomes him to this week’s show as they talk about his current role at Casepoint, the evolution of eDiscovery, and what it means for compliance and compliance professionals. How Casepoint Has Evolved Casepoint was initially focused on law firms but, as David explains to Tom, their expertise and knowledge on legal techniques are now spread out to all sectors and segments in the legal industry. The platform of Casepoint has also evolved from consultancy to predominantly software. Its legal discovery platform has moved beyond eDiscovery towards more of a development environment that supports legal workflows. “What Casepoint has become, is for many people a repository of either discovery ready data or data around internal investigations ...it has expanded quite a bit beyon

Brad Moore, the President and CEO of Global Cannabis Applications Corp, started his career in marketing, working at Kodak, where he got an exceptional education in how to sell. His company is creating innovative strategies and solutions in the cannabis space. Always someone to be on the cutting edge of technology. He and Tom are discussing blockchain technology, navigating an industry without nearly enough data, and helping end-users make the best possible decisions. Push-Pull Education Brand and brand awareness is how you “cross the chasm” between an idea and the market. In his current industry, there is a cultivator at one end and a consumer at another, but the data and understanding that should help regulatory bodies facilitate communication between the two aren’t available. This means there is a lot of work that has to be done in education. It’s using a push-pull strategy to provide the education required to do certain things or communicate certain things, and that’s the pull strategy – the education, and

Tom Fox’s guest on Day 5 of Microsoft Week is Jesus Fernandez. Jesus is the Senior Program Manager at Microsoft. He specializes in data intelligence, risk management, and policy compliance. He joins Tom to talk about his role at Microsoft, data analytics, and its role in compliance, and the future for this industry. Driving Compliance Through Data Analytics Tom asks Jesus to explain how he uses data in compliance. Jesus tells Tom that Microsoft uses data to decide which partners to keep conducting business with. Deciding which partners need support and where the company needs to focus its energy is vital, and analyzing the data helps them make those important decisions. Tom remarks that Jesus and his team not only use data analytics to drive compliance but to also help businesses run more efficiently.  Data From a Compliance Perspective Tom asks Jesus to give an example as to how data analytics has helped improve operations at Microsoft. Jesus responds that it started from looking at data from a compliance

Tom Fox’s guest on this episode of the Innovation in Compliance podcast is Erica Toelle. Erica is the Senior Product Marketing Manager for Records Management and InfoGov at Microsoft. As a long-time member of the Microsoft community, she has been dedicated to growing the information governance and records management business and listening to customers and partners to make solutions better. Erica joins Tom to talk about her role at Microsoft, and how the info governance and record management space will evolve in the near future. Improving Operations Erica loves to help companies improve their operations using technology. It's interesting to work with an organization's compliance experts and help to translate their requirements into Microsoft technology, she tells Tom. “The pace of change in technology has been fast the last 20 years and there are often better ways of doing things, but you have to balance doing things the best way with disrupting productivity and business through change,” she remarks. She argu

Joseph Davis, Microsoft’s Chief Security Advisor for Health and Life Sciences, is a trained medical practitioner, but his professional background is “almost 100% IT and cybersecurity.” He has always been interested in technology: in medical school he helped develop a program to assist clinicians in diagnosing their patients more accurately. He joins Tom Fox on Day 3 of Microsoft Week to talk about the role of cybersecurity in life sciences and the traits cybersecurity professionals need to do their jobs effectively. The Role of Cybersecurity Tom asks, “What is the role of cybersecurity in the healthcare life science industry today?” Joseph responds that it’s a must-have since this industry is considered critical infrastructure. People’s lives depend on keeping systems and processes safe from cyber attacks, he points out. Most medical devices now have communication components such as WiFi or Bluetooth - these are called connected medical devices - so they are vulnerable to cybersecurity breaches which can cau

Abbas Kudrati is the Chief Cybersecurity Advisor for Microsoft Asia’s Enterprise Cybersecurity Group and is Tom Fox’s second guest on Microsoft Week. Abbas has spent the duration of his career providing thought leadership, strategic direction, and deep customer and partner engagement through Microsoft’s initiatives and operations. On this episode, he and Tom are talking about a range of topics surrounding info security and Abbas’ role at Microsoft. The Evolution of Cybersecurity & Its Challenges When security was first introduced, it was called IT Security, and its primary focus was securing everything within a network behind a firewall. Society has since moved from a firewall to the cloud. The focus on complaints within an organization has also shifted from local to multinational.  End-to-End Security End-to-end security’s focus is people, process, and technology. Abbas says that focusing on end-to-end security means turning your attention to 14 different domains of policy. It means ensuring that the right

Alan Gibson is the current Director of Legal and Compliance Innovation at Microsoft and is Tom Fox’s first guest on Microsoft Week at the Innovation in Compliance podcast. Alan has worked in various fields - from legal to compliance to business. He’s a thought leader and currently involved in helping companies manage compliance risks and measure program effectiveness. He and Tom discuss his role at Microsoft and what companies need to be thinking about in the future with respect to legal compliance. Data Analytics in Microsoft Tom asks Alan to explain how Microsoft implements its data analytics program for compliance. Alan responds that the focus was on first identifying which sales agreements and channel partners posed the most corruption risk to Microsoft. “Our compliance team partnered closely with our finance internal audit and our business team to figure out how we could use the data that we were collecting in our sales contracts and from our third parties to create this early warning and monitoring sys

Jedidiah Yueh is Tom Fox’s guest this week on the Innovation in Compliance Podcast. Jedidiah is a data innovator, a best-selling author, and the founder and CEO of Delphix. He has spent the last two decades decoding innovation and collecting and testing frameworks that motivate many successful entrepreneurs in technology. Jedidiah has invented software products worth more than $4 billion in sales. He joins Tom Fox to discuss digital transformation and digital disruption, and what companies need to know and do about both. Technology, Creativity & Evolution “What's interesting about technology today is it's an incredibly broad white canvas,” Jed begins. Creativity is applied to the development of technology as much as it is to the liberal arts, he tells Tom. “If you think about some of the things that you do as an English major where you're really looking for these themes and these tropes within works of literature… You have to do that for the world of technology as well.” Tech evolves on so many levels that y

Dan Zitting is the CEO of Galvanize and is Tom Fox’s guest this week on the Innovation in Compliance Podcast. Dan was the Chief Product Officer of Galvanize before taking up the CEO role. Galvanize is a software company that helps its clients achieve their goals and objectives. Dan and Tom discuss GRC software, the role of GRC professionals, and why data is so important to a company’s operations. The Evolving Role of GRC GRC refers to a company's governance, risk management, and compliance capabilities in achieving its objectives. The pandemic has proven that GRC is a valued and impactful asset. As a result, the scope and demand for GRC professionals and their services have accelerated. “We had the ability to work through one of the most pervasive risk issues to come along in decades, and it demonstrated the value of risk management and the value of strong governance,” Dan tells Tom. “Our role is to think about how we can demonstrate that same level of value in all of the other areas of risk that were alread

Chenthil Eswaran is the Practice Head of Enterprise Solutions at Aspire Systems and is Tom Fox’s guest this week on the Innovation in Compliance Podcast. Chenthil leads go-to market strategy, implementation, and is a thought leader in CX Transformation. Prior to his current role at Aspire, he held application development, application maintenance, and managerial positions. On this week’s show, he and Tom are talking about cloud and data storage, data security, and how compliance professionals can create a digitally fluid future for their companies. Cloud Adoption The pandemic caused businesses that were initially hesitant to engage in digital transformation to upgrade their operations. Chenthil tells Tom it’s a perfect time to take stock of the impact of cloud power on business applications. “We need a collaborative tech ecosystem that allows both systems and cloud applications to work in unison,” he remarks. “That way you get the ability to shift certain workloads to the cloud-based on the evolving demands.

Zach Moreno and Rockwell Felder are the co-founders of SquadCast. Their company’s mission is to make it easier for their clients and their clients’ guests to have meaningful conversations while offering the best quality in remote locations. Zach is a podcaster, an author, a developer, a designer, and an artist. Rockwell is a CPA and an entrepreneur.  Zach and Rockwell join Tom Fox on this week’s episode to talk about collaboration, the podcast industry, and the ways Squadcast helps its clients. Origins of Squadcast Squadcast was founded to fix the problem of poor quality technology within the podcast community. Zach and Rockwell tell Tom how they started the company: “When [Zach] approached me with this idea...I was really ready and the fact that it was rooted at this intersection of podcasting and remote collaboration, which he and I think we're very fortunate to be exposed to early on in our career,” Rockwell says. Building a product that helps creators collaborate in a high-quality manner just made sense

In this special episode of K2's Integrity Matters podcast series, I visit with Gabe Hidalgo. Hidalgo is a Managing Director at K2 Integrity. He has 20 years of legal, regulatory compliance, and Anti-Money Laundering (AML) experience working with wholesale and retail banks, FinTech companies, broker/dealers, and money services business entities. Hidalgo is a recognized subject-matter expert in the cryptocurrency and digital assets market and is able to help clients navigate and mitigate Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance risks. In this podcast, we take a deep dive into the current issues around cryptocurrency regulation and where they may be headed down the road. Some of the highlights include: The Current Landscape Consumer and institutional push into crypto. NFTs are growing in popularity. What is the significance? Heavy institutional hitters buying in of late. Is the little guy now cut out? Current Regulatory Climate Alternative currency has gone from to an asset class bein

Jeffrey Hayzlett is a global business celebrity, the CEO of The Hayzlett Group and the founder of The C Suite Network. He is a primetime television and podcast show host, author, and a keynote speaker. As a leading business expert, Jeffrey has shared his insight and expertise through various television networks and around the world via his travels. Tom Fox welcomes him to this week’s episode as they discuss the C-Suite Network, diversity, and the effects of COVID-19 on executives. Pivoting in The Pandemic The pandemic made Jeffrey and his team consider what they could do differently about their network conferences. “It really got down to the fundamental piece . . . we really don't have to be together, meaning face-to-face to do the work that we need to do,” Jeffrey tells Tom. Tom remarks that this approach transformed the C-Suite Network as its membership grew exponentially. The key element, Jeffrey stresses, is that everyone wants to come together to do something together, and to learn and share each other’