Be as innovative in compliance as you are in your business

Hema argues that compliance should be strategized and integrated to help it keep pace with fast-changing industry innovation.

02:09 What is a compliance strategy?

03:59 Understand the business, the market, and the product then create a compliance model.

06:03 The compliance mindset needs to change and embrace integration.

07:22 Compliance heads should want a more meaningful role.

14:10 Get educated. You don’t need to comply with all regulations, but you do need to comply with the regulations applicable to you.

16:48 HiTrust has included all the right things, but if it’s not mandatory, it’s toothless.

22:02 Build cybersecurity into products from the very beginning. Reverse reactive engineering is not the way to go anymore.

25:24 Compliance teams need to be mandatory within the design and product development teams.

26:08 You are answerable to the customers you design for, so build in trust and create value.

Hema Lakkaraju Interview Transcript