Corporate governance goals impossible - RSA

Companies are struggling to cope with tighter corporate governance regimes, which might even work against the goal of achieving improved IT security they are partly designed to promote. The need to comply with requirements such as data protection, Sarbanes-Oxley, Basel II and other corporate governance reforms is tying up IT managers in red tape, according to a banking security expert. "Recent legislation is having a negative impact on risk management," said Michael Colao, director of Information Management at Dresdner Kleinwort Wasserstein.

See full Article.