Trust is the foundation of the relationship between software companies and their customers. The ability to prevent sensitive data from falling into the wrong hands is a cornerstone of this trust. Globally, governments have responded with a variety of regulatory frameworks obligating companies to protect sensitive customer data, with severe sanctions imposed on firms that fail to do so. Failure to properly safeguard data can have profound and lasting impact on a company’s reputation and their bottom line.
To make matters more complex, software has become a central component of businesses everywhere and will continue to increase in importance. However, strict regulatory and compliance requirements can govern the way teams build software, from the processes they follow to the tools they use. These requirements are often prohibitive enough to compromise performance and stifle innovation, particularly for companies in highly regulated industries, such as healthcare, government, and financial services.