The following story illustrates what can happen when a compliance officer is confronted with an outdated or incomplete risk management framework. While Frank Roth is fictitious, many real-world organizations face pressing security and compliance issues due to their failure to regularly update policies and procedures. Read on to learn about Frank’s challenges and the choices he makes to overcome them. How would you have responded in his place?
It was Frank Roth’s first day on the job as a risk and compliance officer at a utility company. While Frank had decades of experience creating risk management frameworks for highly regulated industries, joining the utility company was a bold career move and an important promotion for him. After a busy morning of filling out paperwork and…
