OneTrust CEO on Regulatory, Automation Issues and PrivacyFounder Kabir Barday on Bringing Together Privacy, Security, Governance and Ethics
Unifying decision-making about privacy, security, ethics and governance poses a tremendous challenge from a regulatory and operational perspective, says OneTrust CEO Kabir Barday.
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To stay current on the myriad regulations around the world pertaining to privacy, ethics and ESG, OneTrust has created a network of 900 lawyers across 300 jurisdictions that feed intelligence into the company's platform, Barday says. And from a technology perspective, he says OneTrust's ability to automatically scan and find data and automate the integration of KPIs in areas such as ESG dramatically helps customers (see: OneTrust's Blake Brannon on Unifying Privacy and Governance).
"There's tremendous regulatory complexity and overlap," Barday says. "Where do the lines between privacy start and stop and ethics start and stop and ESG start and stop? From a human's perspective, these are all intermingled concepts. And even from a regulatory perspective, they're all intermingled concepts."
In this video interview with Information Security Media Group, Barday discusses:
- What makes OneTrust's approach to privacy different from competitors;
- How new state-level privacy regulations in the U.S. are adding complexity;
- The impact of layoffs and the Planetly shutdown on OneTrust's R&D strategy.
Barday founded OneTrust in 2015 and has grown it into the most widely used privacy, security and third-party risk technology platform to comply with the CCPA, GDPR, ISO27001 and hundreds of the world's privacy and security laws. Prior to that, he spent two years at VMware, where he founded the application configuration for enterprise industry group and oversaw the app management, app development, telecom analytics and VPN gateway technology teams. Barday joined VMware through its February 2014 $1.54 billion acquisition of AirWatch, where he spent more than four years establishing implementation consulting and enterprise support teams and methodologies.