!!! Overview[1] [{$pagename}] are [Risks] that are associated with not being compliant with any number of regulations. [{$pagename}] is the risk of loss resulting from failure to comply with laws as well as prudent ethical standards and contractual obligations. It also includes the exposure to litigation from all aspects of an institution’s activities. The penalty for this might be: * [financial] penalties ([Real Risk]) * incarceration ([Real Risk]) * a drop in stock prices if said issues are "material" enough to require reporting. For [example], [compliance] within the [Health Care|HealthCare] industry with data privacy and [HIPAA], companies within the [Financial Organizations] and [SOX] [compliance], or [retail] organizations or anyone else accepting [Payment Cards] who must adhere to [PCI] [compliance]. What [{$pagename}] calls for is the implementation of a [governance] process for which to ensure [compliance].!! More Information There might be more information for this subject on one of the following: [{ReferringPagesPlugin before='*' after='\n' }] ---- * [#1] - [Real vs. Regulatory Risk|http://blog.courion.com/real-vs.-regulatory-risk/|target='_blank'] - based on information obtained 2016-05-04 * [#1] - [Trust in a New Age Public Sector|https://www.linkedin.com/pulse/citynext-trust-new-age-public-sector-peter-l-higgins|target='_blank'] - based on information obtained 2016-08-16