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Source AlienVault.webp AlienVault Blog
Identifiant 2994961
Date de publication 2021-06-29 10:00:00 (vue: 2021-06-29 11:05:47)
Titre Empowering women in the field of ethics and compliance
Texte This blog was written by an independent guest blogger. Ethics and compliance is becoming a burgeoning industry as an increase in government regulations in areas such as sustainability, diversity, and data privacy make compliance an important focus for companies. It’s especially important in tech companies as the ever-growing risk of cybersecurity breaches requires that security teams be vigilant in protecting sensitive data. Any breach of regulations can result in legal headaches and customer distrust, making a solid compliance department a wise investment in any business.  Ethics is another vital concern for companies who want to cultivate and maintain a positive public image. Corporations want their clients to see that they are doing the right thing, regardless of what the law dictates. As people increasingly look to their favorite brands to express support for social justice causes, ensuring that a company is on the right side of important public issues can be empowering as well as lucrative. In this growing industry, many women have made their mark, influencing global corporations and guiding them in their approaches towards ethics and compliance. Let’s dig into the increasing importance of ethics and compliance in tech and some opportunities for inclusion and gender equality in this growing field.  Critical compliance With the host of laws and regulations in various industries, such as HIPAA in the healthcare industry or state-by-state privacy laws in tech, compliance can be a very complex and daunting field. It is crucial in any business, and particularly in tech, but sometimes the field does not get the recognition it deserves.  What’s more, the tech industry has a well-known reputation for being dominated by men, and women techies often don’t get the recognition they deserve either. In the fintech industry for example, on average only 37% of the workforce is female, with a mere 19% holding C-Suite positions. In such male-dominated fields, it’s important to celebrate the accomplishments of women and focus on ways to get more women involved in the industry.  Ethics and compliance is one area where we are seeing more women breaking into the industry. This field is booming as technology like artificial intelligence (AI) and the Internet of Things (IoT) make their way into almost every aspect of our personal and professional lives.  For example, the rapidly growing popularity of IoT devices can result in tech companies rushing production of new technology, sometimes at the expense of adequate cybersecurity. It was formerly common for vulnerabilities to remain undiscovered until their use was widespread, leaving users and companies exposed to cyber threats. Companies sometimes downplayed these issues to avoid affecting sales, and the ethics and compliance field is trying to turn this around. This issue led to the passing of the IoT Cybersecurity Improvement Act of 2020, which established rules regarding the cybersecurity of the software used by the American government. While the regulations only affected companies with contracts with the federal government, their purchasing power was large enough that it became a governing standard for the tech industry.  Such regulations are particularly important in industries that handle financial data like the payment card industry. But even with regulations such as
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