Thank you for posting Bryan Foss. Now here’s a wake up call for senior management, you don’t often here of executives facing prison sentences for…

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Thank you for posting Bryan Foss. Now here’s a wake up call for senior management, you don’t often here of executives facing prison sentences for white collar crime.

The culmination of a 3 year trail found four senior Volkswagen executives guilty of fraud. Jens Hadler was sentenced to 4 and a half years, Hanno Jelden were sentenced to 2 years 7 months, Heinz-Jakob Neusser, and Thorsten D received suspended sentences of one year and three months, and one year and ten months. The ex-CEO Martin Winterkom’s trial has been delayed due to ill health.

The three were accused of conspiring to conceal excess diesel emissions from regulators that cost the company over $32 billion in fines, settlements, and other costs.

Ferdinand Dudenhöffer, a long-time industry expert, called the convicted men “scapegoats,” blaming a corporate culture “based on fear and obedience.”

Kind of makes you think about cybersecurity risk management…………

@Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan

Veritas GRC

#cybersecurity #cyberriskmanagement #cyberregulation

https://lnkd.in/eMFCNMqq 

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