FYI: Results of SUNY Risk & Compliance Survey
The SUNY Risk & Compliance Office recently administered a survey to each campus to assess the current risk and compliance landscape across all SUNY campuses.
The goal of the survey was to identify key challenges and opportunities for improvement so that they can support each campus in institutional preparedness, resource allocation, and compliance strategies. Of all the 62 SUNY campuses, 56 provided their responses (i.e., response rate of approximately 90%).
The SUNY Office is currently analyzing open-ended responses and developing recommendations based on the data.
Summary of Quantitative Results
Top 5 Risk & Compliance Challenges Identified
- Cybersecurity threats
- Deferred maintenance
- Hiring, retention, and succession planning
- Navigating evolving federal and state regulations
- Declining student enrollment
How Campuses Track and Assess Compliance
Top 3 methods:
- Collaboration with legal counsel and internal/external stakeholders
- Regular internal audits and policy reviews
- Institutional self-assessments
How Well Positioned Are Offices to Support Compliance Risks?
(Scale of 0 = Not Well Positioned to 10 = Well Positioned)
- Average rating: 6
What Would Help Institutions Better Manage Risk & Compliance?
Top 3 requested resources:
- A centralized compliance dashboard or reporting system
- Systemwide templates, policies, or best practices for common compliance issues
- (Tied for third)
Clearer systemwide guidance and policy interpretation
b. Networking opportunities for campus risk managers to share challenges and solutions