Wednesday we published an interview I did recently with Robert Houghton, the president of Ohio-based Redemtech, which specializes in change management and e-waste recycling. The company recently released databases containing data security legislation and e-waste regulations in the U.S., Europe, the Middle East and Africa.
As an operator in the e-waste recycling industry, Redemtech is responsible to know what the law is in each of the territories in which it provides services, Houghton told me. Since they do the research on a weekly basis anyway, they thought it made sense to make that research available to customers and prospects in an easily accessible format. "... [T]he databases are there to make it easier for the risk and compliance folks at our customers to understand their obligations and formulate policy," he said.
The company's news bureau works full time to make sure the databases are up to date and that subscribers have the latest top news stories for their particular industry segment at their fingertips, Houghton said. He continued:
So many times half the challenge ... is seeing a roadmap of what your obligations are to start, having enough context from what's going on in the news and in your industry with your competitors to understand what good policy looks like.
Moreover, for those small to medium businesses that don't have the luxury of corporate counsel keeping up with the regulatory changes, the databases at least provide a starting point, or "bridge a gap," Houghton told me.