Top 10 Compliance Risks in 2023 By Linda Athanasiadou, Regulatory Compliance and AML Expert Introduction: The Evolving Compliance Landscape in 2023 As we move through 2023, the compliance landscape continues to evolve rapidly, posing new challenges for businesses across all sectors. With my extensive experience in regulatory compliance and risk management, I have identified key compliance risks that organizations should prioritize this year. This article delves into these risks, offering expert insights and recommendations for effective risk management strategies. 1. Data Privacy and Protection With the increasing digitization of business operations, data privacy and protection remain paramount. Regulations like GDPR and CCPA mandate stringent data handling practices. Businesses must ensure robust data protection measures to prevent breaches and comply with evolving data privacy laws. 2. Cybersecurity Threats Cybersecurity risks are escalating, with sophisticated cyber-attacks posing