PwC’s survey of over 800 Compliance Officers was “designed to give corporate compliance officers benchmarking data to help them understand common industry practices today and plan for more effective, more efficient compliance operations in the future.” The report entitled “PwC State of Compliance Study 2016” highlighted these legal risks to most businesses caused by lack of compliance:
-69% Intellectual Property
-59% Fair Competition or Antitrust
-43% Insider Training -30% Records Management
-29% Government Contracting
-19% Inport-Export Controls or Trade Compliance
Given the scope of cyberattacks there is little surprise by PwC’s survey results.