A Quick Look At Compliance

Organizations are looking for a robust program that will enable them to manage compliance with regulations and internal policies, improve information security practices and streamline audits and remediation activities.

As regulations continue to mount, there is a constant barrage of new guidelines to adhere to, and new initiatives being pushed forth in order to mitigate risk. Needless to say, risk and compliance groups are finding it daunting to keep up. There is also the challenge of growing cyber security threats, further compounding the problem with compliance.

While there are a plethora of problems organizations face with current processes and tools, we will highlight 3 core challenges that we’ve witnessed across multiple industries and organizations:

Challenge 1:

Many companies treat each regulation or framework as an independent set of controls, which leads to:

• Multiple Audits
• Redundant tests
• Repetitive evidence gathering

The Solution: a centralized repository with a list of controls that map to all regulatory, compliance and operational requirements. This allows for “test once, comply many.”

Originally published by INRY Inc.

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