Episode Details

This podcast episode discusses the increasing importance of exposure sizing in a rapidly evolving digital risk landscape. It highlights the growing regulatory focus on fraud, data breaches, and data privacy issues stemming from new technologies like AI. The episode emphasises the need for robust internal controls, including strengthened data access, updated consent frameworks, and validated third-party relationships. Furthermore, it addresses the challenges of managing data sharing and access, particularly regarding third-party agreements and cross-border data exchanges. Finally, it underscores the rising costs of fraud and the necessity for compliance officers to proactively manage and quantify these risks to meet evolving regulatory expectations.