Regulatory Compliance
Regulatory compliance refers to the process of ensuring that an organization adheres to relevant laws, regulations, standards, and ethical practices that govern its industry and operations. In technology, this involves implementing controls, policies, and technical measures to meet requirements such as data protection, security, privacy, and industry-specific mandates. It is a critical aspect of risk management and legal adherence for businesses, particularly in sectors like finance, healthcare, and technology.
Developers should learn about regulatory compliance to build secure and legally sound applications, especially when handling sensitive data like personal information, financial records, or health data. It is essential for roles in industries subject to regulations like GDPR, HIPAA, or PCI-DSS, as non-compliance can lead to legal penalties, fines, and reputational damage. Understanding compliance helps in designing systems with built-in privacy, audit trails, and security controls from the outset.