In this episode of the Secure Access Podcast, sponsored by Sign In Solutions, host John Dillard is joined by Sanjay Saini, Founder & CEO at Privaini, to delve into the often overlooked yet critically important topic of data privacy. Sanjay shares his extensive background, outlining his journey from working at Oracle to coining the term 'IT governance' with his first startup Quintana, and leading innovative projects at companies like Blackberry and Veni. The discussion pivots to the complexities of privacy in today's digital age, emphasizing the common misconceptions between security and privacy, the financial implications of privacy breaches, and the unintentional risks that even well-meaning companies can incur. Sanjay provides pivotal advice for executives on managing privacy risks and highlights the importance of continuous monitoring and understanding geographic regulations. He also touches upon the necessity for leaders to remain curious, customer-focused, and people-centric. The episode wraps up with Sanjay sharing his personal learning methods and a light-hearted mention of his favorite readings, including the comic book 'Asterix.'
“Security is a lock and key problem... Privacy is a use problem. You can have the best cybersecurity techniques... But if you're not using the data as you were supposed to, privacy regulations come into effect immediately.”
“That's the difference between being profitable and going into red and being into financial stress... just a small investment will pay off in a big way.”
“Nine out of 10 times is an unintentional risk... When I speak to executives and say, do you know you were doing this? They're like, no, we had no idea about it.”
“Try not to sell your product, try to solve a customer problem... Partner with somebody who's already trusted.”
“Don't assume when somebody clicked a button, they intended to give you a consent... It has to be an informed consent.”
“Every risk is quantifiable... Either you need to plan that you're gonna own the risk, or you're gonna transfer the risk to someone else... Not doing anything is a bad idea.”
Connect and learn more about Sanjay Saini
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