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What inefficiencies in compliance make it difficult for companies to manage, and how does Laika leverage those inefficiencies as an opportunity?
Sam Li
Founder & co-CEO at Laika
Whether you’re a B2B software company or a services provider, you can't get your foot in the door with any enterprise customer anymore without demonstrating that you can operate your business within secure systems and protect data according to that particular party’s expectations.
Every company on Earth now has at least a couple software engineers. So whether or not they consider themselves to be a software company, they are one, in the context of this compliance question. Now, are they all going to have a one-to-one mapping of engineers to domain compliance experts to meet all the different requirements out there? That’s untenable.
The second reason is that there are just not enough properly trained compliance and information security professionals.
The "academy" will catch up at some point and produce more cybersecurity, data privacy, and digital compliance pros. In the meantime, how are these organizations going to stay abreast of the requirements?