CNBC: Robert Herjavec on the TikTok Deal and Security Concerns

September 24, 2020

Herjavec Group CEO & Founder Robert Herjavec joined CNBC’s “Squawk Alley” this week to discuss the security concerns and questionable access to analytics and algorithms surrounding TikTok’s deal with Oracle and Walmart. 

Robert advocates for separating the political concerns from that of security.  From a security standpoint, there is a benefit of having data and algorithms reside in the United States. As we've seen with the GDPR privacy regulation in the UK, data residency is a critical component to ensuring the security and privacy of citizens are upheld. 

From a political perspective, “Social media is the new commercial TV — this is how we influence America," says Herjavec, "So the concern of the Chinese influencing Americans doesn’t go away, but the data residency is an important step forward.” 

To watch the full interview, see below. 

About Herjavec Group

Dynamic entrepreneur Robert Herjavec founded Herjavec Group in 2003 to provide cybersecurity products and services to enterprise organizations. We have been recognized as one of the world’s most innovative cybersecurity operations leaders, and excel in complex, multi-technology environments. Our service expertise includes Advisory Services, Technology Architecture & Implementation, Identity Services, Managed Security Services, Threat Management and Incident Response. Herjavec Group has offices and Security Operations Centers across the United States, United Kingdom and Canada.

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