: Key Takeaways: In a startling revelation, a recent study conducted by Thomson Reuters has uncovered glaring deficiencies in corporate governance practices among some of the UK’s most prominent companies. Despite regulatory mandates and heightened scrutiny, a significant portion of FTSE 100 firms are falling short in meeting the standards outlined in the UK’s Corporate Governance Code, posing challenges to transparency and accountability in the business landscape. Compliance Gap: Majority of FTSE 100 Companies Miss the Mark According to the Annual Reporting and AGMs study by Thomson Reuters Practical Law, just 49% of FTSE 100 companies report full compliance with the The post Shocking Revelation: Half of Top UK Companies Fail Corporate Governance Test! appeared first on Business Today
: Many generative AI tools are relatively easy to access and use. For example, no technical expertise is required to pull up and type a prompt into ChatGPT, and the most basic version is free. This reality has led to a significant amount of “shadow AI” use within organizations; that is, uses of AI that are not formally approved or are even contrary to formal policies. Concerns about shadow AI commonly arise in the context of private companies, with some studies indicating that over 80% of workers report using unapproved tools at work. Much less discussed – and worthy of far . . . [more] The post Shadow AI: A Growing Problem for Canadian Courts appeared first on Slaw
: Key Takeaways: Unlocking Growth Potential: Recurly’s New Chief Marketing Officer In a strategic move aimed at fortifying its leadership team, Recurly, a prominent subscription management and billing platform, has appointed Lina Tonk as its Chief Marketing Officer (CMO). This significant development underscores Recurly’s dedication to accelerating growth and innovation within the subscription management industry. A Visionary Leader Joins Recurly With over two decades of experience in high-growth software companies, Lina Tonk brings a wealth of expertise in marketing leadership to her new role as CMO at Recurly. Her proven track record in building customer-centric teams, amplifying brand exposure, and driving The post Breaking News: Major Appointment in Subscription Management Industry appeared first on Business Today
: Key Takeaways: Introduction to a New Era of Fraud Prevention Mangopay’s Strategic Move In a significant boost to its fraud prevention capabilities, Mangopay has appointed Bertrand Dezard as the Head of Sales for Fraud. Dezard’s role will be pivotal in driving the company’s international strategy, particularly focusing on expanding the reach of Mangopay’s advanced cybersecurity solutions in Europe and Latin America. Bertrand Dezard: A Veteran in Fraud Prevention Background and Expertise With over 15 years in the payments and fraud prevention sector, Dezard brings a wealth of experience to Mangopay. His previous stints at major companies like Visa Europe and The post Guarding the Gates: The Mastermind Behind the Next Big Leap in Fraud Prevention appeared first on Business Today
: Key Drivers Behind the Rising Demand for Virtual CISOs Wednesday, April 22,2026 Businesses are navigating the challenges of a digital-first environment, which is driving an increased demand for expert-driven cybersecurity solutions. The virtual chief information security officer (vCISO) has become essential for organizations seeking to enhance their cybersecurity resilience while managing costs effectively. Effective security leadership is more crucial than ever, particularly in light of the evolving threat landscape, which includes ransomware attacks and data breaches. Addressing Cybersecurity Challenges Organizations face a significant escalation in cyberattacks as hackers continually evolve their tactics. This dynamic landscape makes it challenging for businesses to maintain effective defenses. A vCISO plays a pivotal role by providing specialized guidance in threat intelligence, risk management, and incident response. By working with a vCISO, companies can proactively identify vulnerabilities and impleme[...]
: New FTC warning letters cite unsupported Coronavirus-related health and earnings claims sgressin April 24, 2020 | 12:44PM New FTC warning letters cite unsupported Coronavirus-related health and earnings claims By Seena Gressin The FTC is not the pen pal you want if you operate a multi-level marketing company but aren’t closely monitoring your distributors. In its latest round of warning letters, the FTC warns ten MLM companies that they are responsible for the claims made by their participants. The letters direct the companies to report within 48 hours what actions they’ve taken to stop their distributors from claiming their products can treat or prevent Coronavirus disease, that MLM business opportunity participants are likely to earn substantial income, or both. The FTC says that the health and earnings claims are unsubstantiated and therefore violate truth-in-advertising laws. The products at issue are not scientifically proven to treat or prevent COVID-19, the disease that Coronavirus causes. The FTC pre[...]
: Made in USA? Avoiding a Yankee Doodle Don't wfg-adm109 October 21, 2013 | 11:17AM Made in USA? Avoiding a Yankee Doodle Don't By Lesley Fair There are lots of nifty phone accessories, bottle holders, tow straps, pet items, and lanyards out there. So a label that says the product is Made in the USA may help make the decision for some consumers. When it bears the American flag and says “TRULY MADE IN THE USA,” that just might seal the deal. But according to an FTC lawsuit , a lot of the “Made in the USA” merchandise touted by Logan, Utah-based E.K. Ekcessories wasn’t really made in the USA – turning the company’s claims from a Yankee Doodle Do to a Yankee Doodle Don't. E.K. Ekcessories sells a variety of outdoor equipment through popular retailers and on its own site. In addition to the labels, the company touted its products’ U.S. pedigree with statements like “For 28 years E.K. Ekcessories has been producing superior quality made accessories in our 60,000 sq. ft. facility in Logan, Utah,” and “Our source[...]
: The Federal Trade Commission is taking action against Illusory Systems Inc. for failing to implement adequate data security measures, leading to a major security breach in which hackers stole $186 million from consumers. Under a proposed order settling the FTC’s allegations, Utah-based Illusory, which does business as Nomad, will be required to implement an information security program to address numerous alleged security failures and to return recovered money to affected consumers. “The FTC Act requires companies to take reasonable security measures,” said Christopher Mufarrige, Director of the FTC’s Bureau of Consumer Protection. “It’s important that companies live up to their security promises to consumers.” In its complaint , the FTC alleged that Nomad prominently touted its security in its advertising, claiming that it offered “security-first” services. The FTC, however, alleged that the company failed to live up to these promises by failing to: use secure coding practices; implement processes for recei[...]
: From time to time, this blog will highlight initiatives, ideas, or activities coming from members, committees or special interest groups (SIGs). Today: Adapting the SALI Taxonomy to the Canadian Legal Environment , b y Michael McAlpine , Manager, Information, Research & Knowledge at Siskinds (London, Ontario) On September 28 th , the Knowledge Management Special Interest Group of CALL met to discuss and learn about the Legal Matter Specification Standard developed by the SALI Alliance . The SALI Alliance (Standards Advancement for the Legal Industry) is a non-profit organization open to all stakeholders in the legal community. Members include law firms, companies, legal service providers, legal industry associations and academic institutions. Founding sponsors are the Legal Marketing Association (LMA) and the Association of Legal Administrators (ALA). Guest speaker Jim Hannigan spoke about the history of the taxonomy and the current uses of it in the legal industry. Michael McAlpine then discussed the work d[...]