As Global Capability Centers (GCCs) grow in scale and influence, the landscape of compliance is becoming increasingly complex. From data privacy and cybersecurity to international regulations, GCCs must navigate an array of challenges to maintain operational excellence
Key Compliance Challenges
- Data Privacy and Protection: Stricter regulations like GDPR and evolving regional data protection laws demand enhanced security protocols
- Cybersecurity Risks: With the rise of remote work and digital transformation, safeguarding sensitive data is paramount
- Global Regulatory Variations: Operating across geographies means dealing with differing compliance requirements, which can complicate processes
Expert Insights from NASSCOM
To address these challenges, NASSCOM highlights the importance of:
- Proactive Risk Management: Identifying compliance risks early to avoid disruptions
- Cybersecurity Risks: With the rise of remote work and digital transformation, safeguarding sensitive data is paramount
- Global Regulatory Variations: Operating across geographies means dealing with differing compliance requirements, which can complicate processes
Future-Proofing GCCs
For GCCs, staying compliant is not just about meeting legal requirements; it’s about building trust with global partners and ensuring sustainable growth. By embracing technology and fostering a culture of compliance, GCCs can effectively mitigate risks and maintain their leadership in global operations
These Articles are build with AI based content.
