Cost of Compliance - The $270B problem. - Seguridad Mania.com - España y América Latina

Join four leading experts as they discuss why the financial industry spends $270 billion per year on maintaining compliance. The European Union’s overhaul of data privacy regulation (GDPR) is estimated to have generated 114 million euros ($126 million) in fines over the past two years – a staggering 160,000 data breach notifications. These almost incomprehensible numbers, hide the challenges faced by every organisation in keeping up with changing regulations while maintaining reporting and customer service. Join us on as we discuss: - The factors driving compliance cost - How regulatory technology (Reg Tech) and modern-day data behaviour are evolving through 2020 Controlling costs is critical: Every penny saved in compliance costs is another added to the bottom line. We anticipate this panel discussion will be a rewarding and profitable event to attend. The talk is led by Michael McGrath, Senior Director for Compliance and Digital Risk at Proofpoint. He is joined by: Susannah Hammond, Senior Regulatory Intelligence Expert at Thomson Reuters. Dennis Sullivan, Vice President, Senior Compliance Officer at PIMCO. Paul Clulow-Phillips, Managing Director - Global Head of Markets Compliance and Global Head of Surveillance at Société Générale.