subject: It Compliance And Security: Steps To Combat Cyber Crimes [print this page] Global organizations today have adopted various technological innovations to communicate, collaborate, and share information with their multinational offices and customers worldwide. However, these technologies, which help the organizations share their critical information across boundaries, also expose their business to new and emerging security risks and breaches.
Security breaches and data leaks from cyber-attacks are causing huge losses for the organization. McAfees report on unsecured economies shows a loss of more than a $1 trillion annually by business houses in the form of intellectual property loss, caused by cyber crimes. Todays technologically enabled business environments are faced with the challenges of maintaining IT Security and compliance and catering to the diverse privacy and security requirements. The security monitoring and compliance solution should be one that would allow access to the data and applications without exposing the organizations critical data to security risks.
Organizations need to look for a holistic approach to IT security and compliance, one that would provide a unified solution to IT compliance and security management. Compliance initiatives are not one-time events taken up to meet specific regulations but need to update quickly on regulatory changes to continue to remain compliant. Compliance Management software used by the organizations help them defining and maintaining a centralized control of the overall compliance. With associated policies, procedures, and reporting requirements for various regulations, it controls risks for the processes and assets.
The advent of the cloud computing and technological innovations has led to the development of an automated and on-demand integrated IT security and compliance management solution. The features of this IT Security and Compliance management solution make it ideal for large conglomerates as well as small and medium businesses. This software is a completely automated and integrated solution with built in frameworks for Healthcare Compliance, PCI Compliance, and other compliance regulations. This cloud based delivery model of end-to-end integration of security monitoring with IT Governance, risk and compliance can be deployed on premises or can be used as cloud-based software-as-a-service model, paving way for low investment and higher returns for the organizations. The integrated dashboard provides support for Cyber-security, IT operations, and compliance management making this a complete risk management package too.
