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NAVEX Releases 2024 Regional Whistleblowing & Incident Management Benchmark Report

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–News Direct–

NAVEX, the global leader in integrated risk and compliance management software, has released its 2024 Regional Whistleblowing & Incident Management Benchmark Report. A deeper dive into the global data, it offers valuable insights into workplace culture by analysing 1.86 million global reports spanning 3,784 organisations that together employ more than 50 million employees. NAVEX analysed its global 2023 data by four main regions: Europe, North America, South America, and Asia Pacific (APAC).

Understanding how regional differences may impact the level and types of incident reporting is a key component of evaluating the effectiveness of a whistleblower program. Consistent analysis and benchmarking of whistleblowing hotline data empowers organisations to take action and evaluate their risk and compliance programs, says Carrie Penman, Chief Risk and Compliance Officer at NAVEX. NAVEX remains the gold standard in risk and compliance data analytics, continually innovating our benchmarks to enhance corporate compliance programs and offer insights into the trending risk areas. New this year, we analysed critical third-party reporting trends in our research to involve a group that represents a diverse and distinct view. In this way, business leaders will better understand how to nurture ethical culture throughout the business including the supply chain.

Europe-based organisations saw a larger share of reports from third parties

In a first for this report, NAVEX analysed its database by both employees and third-party reporters. Europe-based organisations appear to have received a larger share of their reports from third parties than peers based elsewhere in 2023 (apart from South America, where some metrics in this analysis are subject to greater swings). This may be related to a greater focus on third-party due diligence in Europe driven by regulations such as the German Supply Chain Due Diligence Act (commonly referred to as LkSG), the European Unions Corporate Sustainability Due Diligence Directive, and sanctions regimes.

Third-party reporters are less likely to be anonymous than employees across almost all measures, but some nuances remain. For example, organisations based in Europe and APAC have roughly the same anonymity rate for employees, but third parties were more likely to stay anonymous when reporting to an organisation based in APAC.

The Substantiation Rate (the rate of reports that when investigated prove to be correct or partially correct) for third-party reports made to organisations based in Europe was actually better than the rate for employees in 2023 a surprising finding given the decreased proximity third-party reporters have to the organisation, its policies, and training.

European headquartered organisations received the greatest share of reports of Bribery and Corruption

The greatest share of reports pertaining to Bribery and Corruption by headquarters were for those based in Europe, which also showed a 10% year-over-year increase; 1.78% of reports in 2023 compared to 1.62% in 2022. Conversely, when looking at this category by report origination, reports in North America and Europe were far less likely than in APAC and especially South America to involve this Risk Type.

March and October are peak months

Interestingly, report volume is typically lower in the summer months. This appears true when looking at reporting by company headquarter location and by the region in which a report originated. Reporting shows two peaks across regions and measures March and October.

Europe shows increase in reportingexcept the UK

There were expectations that the implementation of the European Union Whistleblower Protection Directive would increase internal reporting activity across Europe, given that the regulation requires a wide swath of organisations to implement internal reporting systems. Data shows median Reports per 100 Employees is indeed increasing across mainland Europe.

However, for the UK notably not an EU member state and thus not subject to the Directive report volumes fell. Comparing 2022 to 2023, organisations based in Europe saw median Reports per 100 Employees increase from 0.53 to 0.63, while in the UK, those values decreased from 0.53 to 0.43. This trend may change as the nation considers updates to its own internal reporting regulations, a process still under discussion in Parliament.

Workplace Civility reports for European-based organisations more than doubled

Workplace Civility issues (bad behaviour, bullying or abuse of power) experienced a major increase in frequency for organisations based in Europe; reports jumped 123% (2022 versus 2023). This trend was also evident in Europe by region of report origination, which experienced an 83% increase. By both measures, all regions saw this Risk Type grow year-over-year, yet Europe was particularly notable.

Retaliation reports still low but are on the rise

Finally, although always relatively low, retaliation reports represented a greater share of reports made for all four geographies in 2023 than in 2022, both in terms of headquarters and report origination region. Among the greatest increases were for organisations based in Europe, which saw a noticeable rise in frequency. Individuals who experience retaliation are much less likely to report again to the same channel, and this is likely a factor in the low overall volume of these types of reports.

When reporters feel they cannot safely speak up internally, they may turn to an external regulator, revealing the need to address misconduct directly and for organisational change. Noting the protections provided to whistleblowers in various regulatory regimes, and that the EU Directive places the burden of proof on the organisation – not the reporter – proactive retaliation prevention processes are becoming more important than ever.

Join our webinar for more insights on the 2024 Regional Whistleblowing & Incident Management Benchmark Report.

NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industrys most comprehensive governance, risk, and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn.

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NAVEX

anita.lo@navex.com

Company Website

https://navex.com

View source version on newsdirect.com: https://newsdirect.com/news/navex-releases-2024-regional-whistleblowing-and-incident-management-benchmark-report-709858757

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Crypto Crime Investigations Issues Urgent Advice: What to Do When a Digital Wallet Is Compromised

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Atlanta, Georgia – In the ever-evolving world of cryptocurrency, the security of digital wallets has become a pressing concern for users globally. As the market expands, so does the prevalence of cybercrime, making it essential for individuals to understand the steps to take if they suspect their cryptocurrency wallet has been compromised. Crypto Crime Investigations, a leading firm specializing in digital asset recovery and cybercrime investigations, is here to provide guidance.

With the rise in the use of cryptocurrencies, incidents of wallet hacking and fraud have surged, often leaving victims feeling 

helpless and uncertain about their next steps. Crypto Crime Investigations emphasizes that immediate action is crucial in mitigating losses and increasing the chances of recovery.

Immediate Steps to Take:

1. Stay Calm and Assess the Situation: If you notice unauthorized transactions or access to your wallet, take a deep breath. Panicking can lead to hasty decisions.

2. Secure Your Remaining Assets: If you have not already done so, transfer any remaining funds to a new wallet that is secured with strong passwords, two-factor authentication, and preferably a hardware wallet for added security.

3. Document Everything: Keep a detailed record of all transactions, communications, and any signs of unusual activity. This information will be invaluable during the investigation.

4. Notify Your Wallet Provider: Contact your wallet provider immediately. Many reputable services have protocols in place to assist users in the event of a security breach.

5. Report the Incident: File a report with the appropriate authorities. This may include local law enforcement and agencies specializing in cybercrime. Crypto Crime Investigations can assist with this process, providing expertise in navigating legal and regulatory frameworks.

6. Engage with Crypto Crime Investigations: Our team of experienced professionals specializes in tracing stolen assets and conducting thorough investigations. We utilize advanced forensic tools and collaborate with law enforcement to help recover lost funds and bring cybercriminals to justice.

7. Educate Yourself: Understanding the risks and security measures associated with cryptocurrency can prevent future incidents. Participate in workshops and follow updates from trusted sources within the crypto community.

Prevention is Key

The best strategy against crypto crime is prevention. Crypto Crime Investigations advocates for implementing robust security practices, such as using hardware wallets, enabling two-factor authentication, and regularly updating passwords.

As the landscape of digital currencies continues to grow, so does the importance of vigilance and education within the community. Crypto Crime Investigations remains committed to supporting individuals and businesses in safeguarding their digital assets.

For more information on how to protect yourself and your assets, or if you need assistance following a security breach, please visit our website at http://www.cryptocrimeinvestigations.com or contact us directly info@cryptocrimeinvestigataion.com .

About Crypto Crime Investigations

Crypto Crime Investigation is a premier agency dedicated to combating cybercrime within the cryptocurrency space. Our team of experts is passionate about helping victims recover lost assets and educating the public on best practices for securing digital wallets. We leverage cutting-edge technology and extensive industry experience to navigate the complexities of crypto-related investigations.

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Organization: Crypto Crime Investigations

Contact Person: Daniel Johnson   Public Relations Manager

Website: http://www.cryptocrimeinvestigations.com/

Email: Send Email

Country: United States

Release Id: 26102419047

The post Crypto Crime Investigations Issues Urgent Advice: What to Do When a Digital Wallet Is Compromised appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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St. Paul’s PACE Hosts Workshops and Tours at 2024 National PACE Association Conference

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San Diego, Calif. (October 25, 2024)– St. Paul’s PACE – Program of All-Inclusive Care for the Elderly –attended the 2024 National PACE Association (NPA) Annual Conference hosted at the Manchester Grand Hyatt San Diego. The dynamic four-day event provided St. Paul’s PACE leadership an opportunity to network with PACE programs from across the country and gather insights to enhance their services.

“The relationships we form and the tools we gain here will directly impact our approach to care moving forward,” said Shravan Mupparapu, Vice President of PACE Services at St. Paul’s PACE. “By collaborating with other PACE programs and learning from their experiences, we can create new pathways for innovation that shape the future of St. Paul’s PACE.”

St. Paul’s PACE leadership team at 2024 NPA Conference

This year’s conference placed an emphasis on behavioral health for PACE staff and participants. Other focus areas included quality improvement strategies, nursing practices, and effective intake techniques, which were explored through several educational sessions. Dr. Jacob Paulsen, Behavioral Health Program Manager for St. Paul’s PACE, hosted a workshop on behavioral health, discussing the need for innovative care strategies that address the unique challenges participants are facing.

Dr. Jacob Paulsen, Behavioral Health Program Manager for St. Paul’s PACE, hosts a workshop on behavioral health strategies.

“The traditional spectrum of care often falls short for our participants,” said Dr. Paulsen. “As experts in this field, we need to be creative in our approaches and deliver flexible, individualized care, especially when treating participants struggling with substance abuse and psychotic disorders.”

Leaders from visiting PACE programs gather for a tour of PACE Akaloa in Chula Vista

Throughout the conference, St. Paul’s staff hosted tours of their Chula Vista center, PACE Akaloa, for over 180 health professionals visiting from other PACE programs. The tours highlighted Akaloa’s unique approach to serving the diverse needs of its participants, the majority of whom are Spanish-speaking.

St. Paul’s involvement in this year’s NPA conference demonstrated its ongoing commitment to fostering collaboration and prioritizing innovation in senior care. By leveraging the knowledge gained, St. Paul’s PACE aims to deliver even higher-quality care to its participants.

St. Paul’s PACE supports seniors so they can continue to live independently at home by providing personalized medical services, social services, transportation, and home care. Seniors who are over 55 years years old with chronic medical conditions that make it difficult to live at home may qualify for services. For more information on St. Paul’s PACE, visit StPaulsPACE.org or call 1(833) PACE NOW. Press contact:  Nicole Antonacci, St. Paul’s Senior Services Communications Specialist, 619-239-6900

Media Contact

Organization: St. Paul’s PACE

Contact Person: Nicole Antonacci

Website: https://www.stpaulspace.org

Email: Send Email

Contact Number: +16195517400

Address: 1306 Broadway

City: El Cajon

State: CA

Country: United States

Release Id: 26102419033

The post St. Paul’s PACE Hosts Workshops and Tours at 2024 National PACE Association Conference appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Advisor Wechat Capital Spirit of Discovery

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Advisor Wechat Capital (AWC), a pioneer in digital asset management, is redefining the future of finance by integrating cutting-edge technologies into its investment strategies. Positioned at the forefront of digital finance, AWC recognizes the transformative power of digital assets and blockchain technologies, positioning itself as a key player in an increasingly digital world. As part of its commitment to future growth, AWC is embarking on an extensive global expansion, aiming to grow its investment portfolio, recruit top talent worldwide, and forge partnerships with leading enterprises and academic institutions.

Advisor Wechat Capital (AWC), a pioneer in digital asset management, is redefining the future of finance by integrating cutting-edge technologies into its investment strategies. Positioned at the forefront of digital finance, AWC recognizes the transformative power of digital assets and blockchain technologies, positioning itself as a key player in an increasingly digital world. As part of its commitment to future growth, AWC is embarking on an extensive global expansion, aiming to grow its investment portfolio, recruit top talent worldwide, and forge partnerships with leading enterprises and academic institutions.

The Global Surge of Digital Assets

In recent years, digital assets have surged in popularity and value, no longer confined to niche circles but widely recognized across mainstream finance. Cryptocurrencies, non-fungible tokens (NFTs), and blockchain innovations are now integral to investment strategies and financial growth. Advisor Wechat Capital has not only embraced this evolution but has positioned itself as a leader in integrating digital assets into conventional portfolios. By offering access to these emerging assets, AWC enables investors to diversify while capturing the benefits of this growing sector.

Integrating Blockchain for Enhanced Security and Transparency

Blockchain technology serves as the foundation for many of today’s digital assets, and AWC is leveraging it to provide secure, transparent, and efficient financial services. By incorporating blockchain into its operational infrastructure, AWC achieves a new level of transaction transparency and security, significantly reducing risks compared to traditional finance models. AWC’s commitment to adopting blockchain solutions demonstrates a proactive approach to safeguarding investments while delivering top-tier service. Its blockchain-driven offerings allow investors to benefit from high security, transparency, and reduced transaction costs.

Expanding Investments and Partnerships Worldwide

AWC’s expansion strategy is designed to meet the growing global demand for digital assets and blockchain-backed services. As part of this strategy, AWC is significantly increasing its international footprint, reaching new markets and forging alliances with established enterprises and top universities. By partnering with innovative companies and educational institutions, AWC not only fosters innovation but also ensures a steady pipeline of qualified professionals who are adept in blockchain and digital finance. This collaborative approach underscores AWC’s mission to bring the benefits of digital asset management to a global audience.

Through these partnerships, AWC intends to:

  • Strengthen Innovation: Collaborating with enterprises to co-develop blockchain applications and asset management solutions.
  • Support Talent Development: Partnering with universities to offer internships, research opportunities, and specialized training programs in blockchain and digital finance.
  • Promote Thought Leadership: Hosting seminars, conferences, and webinars to advance the knowledge and application of digital assets and emerging financial technologies.

Investing in Talent: A Global Initiative

AWC’s success relies on the expertise and forward-thinking approach of its team, and it is committed to recruiting the best talent worldwide. This recruitment drive focuses on individuals with diverse skill sets in blockchain, financial analysis, digital asset management, and data science. AWC values innovation, dedication, and adaptability, and its hiring strategy aims to foster a work culture that attracts and retains top professionals in the industry.

The talent initiative includes:

  • Global Recruitment: Sourcing skilled professionals from around the world to strengthen AWC’s global presence and bring diverse perspectives to the team.
  • Ongoing Training: Offering continuous learning opportunities, certifications, and specialized training programs that keep employees at the forefront of the industry.
  • Collaborative Learning: Partnering with universities for mentorship programs and hands-on training, helping students and recent graduates develop skills directly relevant to careers in digital finance.

Educating Investors: AWC’s Commitment to Client Empowerment

AWC recognizes that while digital assets present exciting new opportunities, they can be complex for those more accustomed to traditional investments. To address this, AWC is deeply committed to investor education. Through its comprehensive programs—including webinars, guides, and individual consultations—AWC ensures that its clients are well-informed and confident in their investment decisions. This commitment to education not only empowers investors but also contributes to the industry’s growth by helping people understand and navigate the digital finance landscape.

Conclusion: AWC’s Vision for the Future of Finance

As the financial world undergoes a digital transformation, Advisor Wechat Capital is leading the way, not just by adopting new technologies but by actively shaping the future of asset management. Through its global expansion, recruitment efforts, and partnerships with enterprises and universities, AWC is creating a sustainable, innovation-driven ecosystem that benefits investors and the digital finance community alike. AWC’s proactive approach, integrating blockchain, digital assets, and a global talent base, positions it as a trailblazer in digital asset management.

For more information on Advisor Wechat Capital and its innovative approach to digital finance, visit advwechat.com.

Media Contact

Organization: Advisor Wechat Capital

Contact Person: Spencer Brown

Website: https://www.advwechat.com/#/

Email: Send Email

Address: 600 17th St, Denver, CO 80202, USA

Country: United States

Release Id: 26102419061

The post Advisor Wechat Capital Spirit of Discovery appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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