IT Compliance Solutions for The Global Business Environment
Though technology has made astounding differences in the ways businesses interact instantly and has changed the rules of the business game for the big as well as small players, it has created a vast crater through which critical business information and sensitive personal information, disappear much to the discomfiture of organizations, in the form of organized or unintentional data breaches and exposures. While social networking today has become a platform for marketing and reaching out to end users, they leave behind a potential for exploits.
McAfee’s Unsecured Economies Report showcases an annual loss of more than $1 trillion in intellectual property for the business houses due to data thefts of trade secrets and cyber crimes. Further reports from Clearinghouse records the exposure of more than 158 million U.S residents’ privacy information due to security breaches in a period less than 7 years. Organizations don’t monitor security due to the lack of automated solutions, poor risk management methodologies and inadequate solutions. To overcome such threats the need is to have a unified security monitoring solution.
Today a number of automated and on-demand integrated IT security and compliance management solutions facilitate organizations to ensure end-to-end integration with IT compliance and risk management. Technology innovations today enable a cloud based delivery model that can be deployed on premises or as Software-as-a-service model.
The IT compliance solutions having been built on a framework approach for various mandates of compliance, such as PCI DSS, ISO, HIPAA, HITECH, FISMA, SOX, COBiT, or any other country specific compliance requirements. Such solutions provide for automation of security and threat monitoring, regulatory or standards compliance, audit, and risk management needs of the organization. Armed with an integrated and comprehensive dashboards, the solution provides the required support for secure IT operations and compliance management. The flexibility of such solutions facilitate easy adoption to any new governance requirements. Besides lowering the cost of ownership, it helps organizations map policies and processes as per technical controls, evaluates IT risks and combat cyber threats.
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