Welcome back to this new edition of Apac CIO Outlook !!!✖
April 201819 Compliance is gradually becoming a norm that every organization across various sectors needs to maintain. However, businesses across the globe witness certain challenges while complying with the guidelines and lack expertise that can steer them forward in this regard without compromising on their business flows. Having worked in various roles across leading organizations, Seevali Fernando, the Group CIO of HOYA Corporation talks about how to deal with the complexities associated with compliance and security.How, in your view, has compliance evolved over the years?Compliance is a double-edged sword from a CIO's standpoint. While organizations need to maintain compliance at all times, they also need to ensure that compliance processes are an efficient partner to the business. The landscape is constantly evolving with continuous activities in the areas of cybersecurity and compliance including the recent introduction of the General Data Protection Regulation (GDPR) in Europe, creating difficulties for organizations in ensuring that they are compliant. Until a few years ago, there wasn't much awareness about compliance, unlike today when it is considered a norm. Today, governments are coming to the forefront to strengthen compliance along with security considering the extensive use of social media. Usage of social media channels has become a huge phenomenon that we have to live with, and that's more of a threat, not just for an individual but for countries and governments too. Thus, it's becoming one of the key areas that governments are focusing on, strengthening their policies and vigilance. It's becoming quite a challenge from the IT infrastructure perspective too.Could you talk about some of the challenges that you faced during your tenures across different organizations in your career? We need to ensure that we are up to date with regards to the guidelines and regulations while adhering to the specific deadlines associated with them. It's not easy at times to drive compliance in systems as it requires a lot of effort and BY SEEVALI FERNANDO, GROUP CIO, HOYA CORPORATIONCIO NSIGHTSESSENTIALS FOR A COMPLIANT ENVIRONMENT < Page 9 | Page 11 >