subject: Powerful Solutions That Make It Compliance More Effective [print this page] The rapidly changing IT environment has made IT compliance a complex matter in most enterprises. Compliance is a reality affecting organizations of all sizes for conforming to rules and regulations, particularly with the use of information technology. Most businesses have diverse security needs for risk visibility. Studies indicate that a large number of enterprises do not monitor security, mainly due to high TCO, lack of automation with poor risk management, and lack of adequate integrated solutions. Without adequate compliance management and policies in place, organizations take on enormous long term risk at the expense of any short term cost advantage.
While failure to comply can trigger penalties, embarrassing public disclosure of breaches, and other potential damages to an enterprise, there is a pressing need for enterprises to address compliance issues effectively with a successful solution. Enterprises are finding ways to reduce compliance costs, at the same time, increasing the effectiveness and productivity of their IT organizations.
To meet IT compliance obligations, enterprises need a structured and powerful solution that allows them to identify and prioritize IT controls and establish complete compliance. Implementing an IT compliance program that is effective and responds to the dynamic business environment can be challenging. A perfect GRC plan can be followed only when an enterprise develops an effective compliance and risk management solution. The solution must incorporate essential processes and policies to enable optimum risk management and mitigation throughout the enterprise. A proactive approach is the best mechanism to effectively tackle compliance across the enterprise.
Most enterprises that depend on outsourcing firms to handle the bulk of their IT operations still retain control of their compliance and risk management functions for security reasons. Automated compliance management solutions running the compliance program can offer a lot of valuable data useful in managing outsourced providers. With an automated IT compliance solution, an enterprise can not only reduce cost but also help protect the organizations sensitive data from internal and external threats. Automated GRC solutions offer immense benefits for the enterprise by ensuring cost savings, mitigating risks and also efficiently tackling compliance-related concerns.
Thus organizations need to invest in a solution that can offer an integrated governance risk and compliance support system. The idea is to simplify and reduce the time spent on regulatory compliance and its certification requirements. Thus the solution must offer total end-to-end automated processes for security, risk management and compliance requirements.
