Four Principles for Effective Training Systems

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By Matt Kelly – a long-time writer and observer of the corporate compliance and GRC scene. He has been working to make the GRC world a better place ever since. Earlier this fall the Securities and Exchange Commission (SEC) published an unusual report: a review of cybersecurity failures at nine large firms where employees fell for “business email exploits” and mistakenly sent company monies to overseas accounts. Altogether, the firms lost nearly $100 million.

Compliance Training in Retail

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In 2016, the British sandwich retailer Pret a Manger suffered huge damage to its reputation, as well as compensation claims, when a teenager died after eating a baguette containing sesame, to which she was allergic. The coroner said. “I I was left with the impression that Pret had not addressed the fact that monitoring food allergy in a business selling more than 200 million items a year was something to be taken very seriously indeed”. . DATA PRIVACY.