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Compliance struggles to keep pace with new communications channels

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Compliance professionals need to supervise all types of business communications, but a new survey shows that they're struggling to keep pace with the volume and variety of electronic channels. Hosted archiving specialist Smarsh has released its sixth annual Electronic Communications Compliance Survey Report. The survey, of compliance professionals in the financial services industry, highlights that supervision practices aren't sufficiently addressing the compliance implications of ongoing trends, like increased regulatory scrutiny and the challenge of adapting to channels like social media and text messaging. Among the findings are that over 40 percent of firms that enable employees to use LinkedIn and… [Continue Reading]

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