“Technology Puts Pinch on Oil Smuggling,” The Wall Street Journal, November 2, 2018 B6. Smugglers of Iranian crude will be challenged by satellites and big data.
Smugglers had in the past “hid” their ships, but that will now be harder. Certain companies find a business opportunity in helping to track these vessels.
What controls do you need to have in place to make sure your policies are followed? How have people tried to avoid your controls? How did you/will you respond? Is there a market opportunity for others to help you enforce compliance by collecting other information?
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