Readers Respond: Regulations Cant Keep Up
Some of Lundquists points struck me as analogous to blaming traffic stoplights and speed limits for not preventing hit-and-run accidents and car-pool violations. Having been a recent victim of multiple privacy information breaches, I dont want to see folks degrading existing and effective regulations on the basis that [the regulations] cant stop poor judgment and unethical decisions made by corporate leaders.
I dont want to see a movement that will throw out the baby with the bath water from a regulatory compliance perspective. The irony is that the very same people whom Lundquist is most concerned about not being monitored and controlled by regulations are the ones who have a vested interest in eliminating and weakening existing compliance-related legislation. Its an expensive proposition, as Lundquist pointed out, for companies to protect their customers and employees private information.
I like the idea of widening the net and fine-tuning compliance regulations.
Any functional adult who does not know that ethics matter missed important lessons at a very young age and is just what far too many American businesses expect of their leadership.
Beware businesses that proudly display their "values" anywhere in their offices, but particularly where their customers can see them. Companies that have to display their values usually pay little attention to them in practice and none when it really matterstheir actions speak so loudly that you cant hear a word they say.
Systems Engineering Manager
Department of Biomedical Engineering
Massachusetts General Hospital