How Compliance and Risk Make a Great Partnership

As one of the world's leading telecommunications companies, Verizon Headquartered in New York City, Verizon is the world's second-largest telecommunications company by revenue and the largest wireless carrier in the United States, with more than 114 million subscribers. To put that into perspective, if Verizon’s U.S. subscriber base was its own country, it would be the world’s 12th largest by population, between Japan and the Philippines. As one of the world's top telecommunications providers, with a huge stake in data security and consumer privacy, Verizon inhabits some very complicated and high-stakes compliance territory. This makes risk assessment a crucial part of Verizon’s larger ethics and compliance strategy. David Kass, Chief Compliance Officer at Verizon explains how risk assessment drives a compliance strategy that hasn't just built value and delivered internal results, it has also yielded the company both World’s Most Ethical Companies® honors as well as a 2024-2026 Compliance Leader Verification™ recognition. How Verizon's compliance and enterprise-wide risk management (ERM) programs work together How Verizon's integrity survey drives executive engagement An example of targeted compliance risk assessment Key ingredients in Verizon's program success

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