Monday, March 20, 2006
The 5 Rules of the Regulatory Process
If you work in enterprise IT security, regulatory compliance is probably nothing new to you. There is a good chance you hate the thought of it, but you are intimately aware of the challenges and expensive nature your business has had to go through to meet compliance objectives.
But if you are a small business, Ill bet its a fearful phrase you typically try to avoid. Or worse yet, a phrase that you dont believe applies to you! Dont worry. You are not alone. But Id like to challenge your thinking and belief system as it relates to regulatory compliance and small business. I believe that if anything, small businesses should realize that the process of creating an environment for regulatory compliance is not that difficult and can be used as an ASSET to the business; an advantage over many competitors that offers real business benefits to your company.
Look, when it comes to this topic, the biggest challenge businesses of all sizes face is in ensuring that regulatory compliance objectives are observed and that compliance can be demonstrated and accurately monitored and reported.
See full Article.