Ethics and Compliance – Which one is the cart, which is the horse?
According to the survey, “the majority of executives surveyed feel that data privacy (74 percent), conflicts of interest (70 percent), electronic data protection (68 percent), and bribery and corruption (62 percent) are 2013’s top ethics and compliance risks. Social media is also now considered a top risk by 41 percent of E&C leaders.”
Interesting when you take the meaning of ‘ethics’ and ‘compliance’ together. For example, as a software vendor we address data privacy, information security, and social media as do other application vendors. But, conflicts of interest and bribery and corruption are beyond our control. They are the human side, or rather the ethics.
Even with compliance issues, I would not call end users unethical, but how many do not tag compliance content correctly, consistently, and ensure it is processed securely? I wouldn’t even want to hazard a guess. If you get right down to the nitty-gritty, are they being unethical? My question is, which is the cart and which is the horse?