Can my company be Data Privacy compliant and still stay Agile?
Compliance is no longer a nice to have! An organization offering a SaaS product needs to secure appropriate compliance reports (SOC2, ISO27001, GDPR, FedRamp etc.) to ensure they put in place the organization’s structure, software, people and data-handling procedures to handle and protect their customer’s data. Compliance serves as beacon of transparency and conveys confidence to your customers that you have appropriate controls to safely handle their data and protect it.
Wait! Isn’t this so much of additional work? Will I need additional R&D and IT manpower now? Will I need to budget for additional infrastructure? Will this slow down my product deliverables that I cannot be agile anymore? Yes! But with the right investments in processes and automation provided by cloud native products you can make all this seamless and execute repeatedly.
I will give an overview of what are the key decisions VP’s have to take, empowered organization structures to put in place to make plans and decisions, incident management & change management strategies and the type of products/tools to use to stay compliant, but still be agile.