February 28, 2019 at 1 EST
As we consider the privacy tidal wave hitting all industries across the globe, driven by regulations including GDPR, the CA privacy law (unprecedented in the US,) and now a changing regulatory climate in Asia, we ask ourselves: “Are we ready?” We have witnessed litigation stemming from simple post-breach privacy complaints and compliance violations that have resulted in the imposition of hefty fines. Furthermore, GDPR has made it even easier for data subjects to initiate class action suits. Some companies may wait years to address these risks and hemorrhage vast amounts of capital and brand reputation as the result of a breach.
These unfortunate cases can be easily avoided by elevating your privacy program to meet regulations such as GDPR, the CA privacy law, HIPAA, and the like. As we all know, privacy requirements are supported by security controls. Thus, your security program maturity must be aligned with your privacy program. Consider this simple formula:
Data Privacy + Data Protection = Regulatory Compliance
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VP of Compliance
Fouad Khalil is the VP of Compliance at SecurityScorecard and is responsible for internal and external compliance programs, auditor education, alignment with industry best practices and global sales support. Fouad has extensive experience in the technology space and brings more than 25 years of experience spanning disciplines in software development, IT support, program and project management and, most recently, IT security and compliance management. He holds a bachelor's degree in electrical and computer engineering from Marquette University and CISA and ITIL Foundations certifications.
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