Igor Volovich Archives - Compliance Podcast Network

Innovation in Compliance – Igor Volovich on Moving Towards Data – Driven, Risk – Based Compliance

Innovation comes in many areas and compliance professionals need to not only be ready for it but embrace it. One of those areas is telehealth and telemedicine. My guest in this episode is Igor Volovich, the Vice President of Compliance Strategy at Qmulos. This podcast is sponsored by Qmulos.

Igor Volovich brings a unique perspective to the table regarding the importance of executive accountability and proactive risk governance in cybersecurity. Volovich emphasizes the crucial role that executives play in ensuring compliance, controls, and security posture decisions, and criticizes the current model of firing and hiring Chief Information Security Officers as ineffective. He believes that risk governance should be a holistic business function, rather than separate departments handling different types of risks, and encourages boards of directors to question and challenge reports on compliance and risk posture. Drawing from his extensive experience and deep understanding of the field, Volovich advocates for a real-time convergence of compliance, security, and risk management. Join Tom Fox and Igor Volovich on this episode of the Innovation in Compliance podcast to delve deeper into these insights.

Key Highlights:

Maintaining Compliance Integrity through Executive Accountability
Misrepresentation of Compliance in Penn State
Moving Towards Data-Driven, Risk-Based Compliance
Data-Driven Risk Management for True Compliance
Incentivized Whistleblowing and Cybersecurity Accountability
Elevating Risk Governance for Effective Cybersecurity
Real-Time Compliance and Data-Driven Automation

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Igor Volovich on LinkedIn

Tom

Are you struggling to keep up with the ever-changing compliance programs in your business? Look no further than the award-winning Data Driven Compliance podcast, hosted by Tom Fox, is a podcast featuring an in-depth conversation around the uses of data and data analytics in compliance programs.

Tom welcomes Igor Volovich, the Compliance Therapy doctor from Qmulos, to discuss how to bridge gaps between compliance, security, and risk management. Volovich emphasizes the need for education and evangelism to unlock the value that compliance could offer businesses. He introduces their compliance therapy branding and highlights the importance of evidence-based compliance management through automation to improve trustworthiness. As we move towards real-time risk governance, automation is key for continuous attestation. Compliance processes have been highly manual and outdated, but regulatory bodies recognize the importance of automation in managing risks.

In the podcast, Tom dives into the need for convergence in compliance and discussing risk in real-time and translating technical terms into risk frameworks. If you’re interested in the convergence of compliance, security, and risk, check out Qmulos’ published guide and resources on their website and social media profiles. Don’t miss out on the chance to learn from the experts and continue the conversation with Igor Volovich and Tom Fox. Listen today!

Key Highlights

· Introduction of Compliance Therapy Expert

· Objective Compliance Management: From Opinion to Evidence

· Importance of trust and governance in data

· Revolutionizing Compliance Processes with Automation

· Effective Risk Management for Businesses

KEY QUOTES

“Most of the folks have these really weird misconceptions about what compliance is We need to reframe the mindset to rejoin the conjoined twins of compliance and security and risk and get them back together.”

“How do we evolve from this opinion-based compliance management, to objective evidence based compliance management. That’s the question that we asked. It’s more robust. It’s more trustworthy. it’s more real. Right? We’re moving from fiction to fact.”

“Within the sphere of influence that we actually do have, how much control can you exert? How much control can you demonstrate reliably, incredibly? To me, that’s the metric. How much can you prove about what you know? Is it belief or is it true? That’s the thing that we try to focus on.”

“The ultimate answer is, of course, automation, you can’t throw more people at the problem.”

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