The Wall Street Journal's Compliance Officer Survey

The video discusses a survey conducted by The Journal and Dow Jones on how corporate compliance has been affected by the COVID-19 pandemic. It highlights the survey's methodology, participant demographics, and key findings, including changes in compliance program effectiveness, increased risks, especially in cybersecurity, and the impact on relationships and resources. The video also notes a significant rise in the use of data and advanced tools by compliance professionals to enhance program resilience and efficiency.

What was the primary goal of the survey conducted by The Journal and Dow Jones?

• To analyze the market trends in the Caribbean

• To evaluate employee satisfaction in various industries

• To determine the impact of the pandemic on corporate compliance

• To assess the financial performance of companies during the pandemic

What percentage of survey respondents reported that their compliance programs became more effective during the pandemic?

• 16%

• 25%

• 50%

• 10%

Which risk factor was identified as the top concern by survey respondents?

• Cybersecurity

• Privacy matters

• Travel restrictions

• Supply chain disruption

How have relationships with third parties been affected according to the survey?

• They have been eliminated

• They have become especially strained

• They have remained unchanged

• They have improved significantly

What percentage of compliance officers reported an increase in resources during the pandemic?

• 50%

• 75%

• 30%

• 15%

What trend has been observed in the use of data and advanced tools by compliance professionals?

• An increase in the use of new methods and tools

• A decrease in reliance on technology

• A shift back to traditional methods

• No change in technology usage

Which industry reported a significant increase in the use of new methods and data tools?

• Healthcare

• Manufacturing

• Retail

• Financial Services