Organizations are waking up to the realities of managing a fast-moving environment in a permanent regime of complex regulatory compliance. SOX, HIPPA, Basel II and a myriad of other regulations are driving companies to implement sophisticated compliance frameworks in record timescales. Organizations are striving to implement solutions that minimize operational surprises and increase organizational efficiency. They are asking the question "How can we reduce the ongoing cost and complexity of compliance?" This paper shows how companies are answering this question by drawing upon established best practices, tools and knowledge bases. It sets out the principles for developing an efficient, long-lasting and adaptable compliance framework that will mitigate risks, reduce the costs of incidents, and meet the requirements of the most demanding auditors.
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Taking the Pain out of IT Regulatory Compliance now.