I prioritize security standards and compliance by implementing secure authentication methods like OAuth and biometrics. To safeguard data, I utilize encryption and decryption techniques. I adhere to OWASP security standards to mitigate vulnerabilities and employ ProGuard for code obfuscation to protect against reverse engineering. Sensitive information is stored in encrypted shared preferences, and I ensure secure network communication by using HTTPS. I conduct thorough code reviews with senior developers to identify and address potential security issues. Through these practices, I create secure and compliant Android components.