Compliance risks stem from a range of things such as legal, financial, reputational, operational and security factors. They will add serious risks to your business if you fail to comply with laws, regulations or internal policies. These risks can include but are not limited to revenue loss, brand damage, lawsuits, fines and operational disruptions. Addressing these risks takes proactive measures like comprehensive compliance training courses, up-to-date policies, regular monitoring and effective risk management strategies to lower your organisation's risks.