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The Role of Compliance in Regulation
For the average, not very heavily regulated business, risk and compliance fall into things around the management of personal data in particular. And then you've got cyber and information security and everybody who uses a computer has part to play in that. So we think about the way in which most organizations of any sort of size now will deal with that risk. It makes it more likely that I'm just going to go to six ticks because I've no choice," he says. "If you genuinely just want to tick the box, then replicate these crappy models from the outside world"