Notes from a CIO: Security & compliance in today’s dynamic regulatory environment
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Digitization has resulted in a lot of good things. It has facilitated better processes, brought greater transparency, and accelerated the exchange of information. Further, social networks not only enable us to connect with other people and advertise but also to find a job.
However, people put their lives on social media platforms, and companies use all that data, which begs the question, “Who is responsible?” Is it the individual who is sharing the data, the company that uses it, or perhaps the government because of a lack of regulation?
According to Dragoljub Nesic, the CIO of Freja eID, a significant amount of responsibility lies on the individual, but companies and the government also bear part of it. “Unless data privacy is the company’s business like it is in the case of Freja, there will always exist a tension between profitability and everything else, including temptations to use and to abuse end-user data,” he says and adds that the concept of a national government is ill-matched considering the global nature of the internet from the cultural perspective of the Western world.
In this episode of Sovereign DBaaS Decoded, Dragoljub explains how much control an individual has over their data, what happens to it, and how Freja can protect data privacy. Dragoljub and our host Vinay Joosery discuss individual data sovereignty, how our data is used, who is responsible for the data, and how the regulatory landscape has evolved to address data sovereignty concerns.
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