3rd Party Risk Management , Events , Governance & Risk Management

Ensuring Enterprise Readiness for SaaS Startups

It can be difficult for startup companies to sit at the same table with large enterprises. They need governance and risk management programs to build trust. So how can startups compete when they have absolutely no background?

See Also: Breaking Down Silos With a Holistic View of Security, Risk

Privacy and security play a very important part in building trust. Startups also need 360-degree preparation, so they know and understand everything about their organization's business operations, their mission, and the people they want to do business with, said Sawan Joshi, CISO at The Privacy Business Group.

Priorities should balance protection of assets and revenue generation support - and at a minimum, organizations must focus on regulations, laws, good practices and creating a governance framework that can be measured and tracked for continuous improvement, he added.

In this video interview with Information Security Media at Infosecurity Europe 2023, Joshi discussed:

• The importance of lowering complexity and increasing transparency to gain trust;
• The need to embed security into everything: software development, business operations, HR onboarding, marketing, infrastructure and architecture;
• Approaches for organizations looking to sell operations or intellectual property.

Joshi is a business risk management professional with over 19 years of IT transformation experience. He has changed companies' postures in cybersecurity, privacy and technology architecture while leading acquisitions, migrations, upgrades and consolidations across multiple industries. He has successfully led many certification efforts, including ISO 27001, Cyber Essentials Plus and BCP 22301, and has helped companies to adopt NIST, CIS benchmarks and OWASP strategies. Joshi is author of "The Infosec Career Resilience Guide."