Are There Hidden Benefits to IT Compliance?

8/1/13 9:00 AM Laura Pelkey

shutterstock_279367379.jpgit governance, compliance, pci complianceBusinesses today struggle more and more with IT compliance demands that are required of them from all areas. The fact of the matter is that these demanding regulations are here to stay. The bright side is that accomplishing compliance goals are relatively straightforward and once they have been implemented effectively, they contribute in enhancing and enabling the business in a big way.

The key is to understand what IT compliance can accomplish and how these processes can contribute to further enhancing business operations, as well as reducing information related risks. The most notable benefits of having an IT governance strategy in place are not just to avoid fines and penalties, but also to enhance and measure business performance.

3 Best Practices that will Guarantee Benefits from IT Compliance:

  • Clear communication channels that ensure that all IT compliance standards are known, accessible and embedded
  • Integrating the compliance related requirements into the job descriptions and performance indicators of employees
  • Enhance team cooperation to approach IT compliance as a collaborative activity

No matter what the size of your business may be, regulations like PCI, HIPAA and Sarbanes – Oxley have to be met. Costumers too are demanding and conscious about the security of their personal information and how it is being dealt with. Having determined rules for the privacy and risk assessments will help determine the types of security measures that will need to be put in place. These guidelines for privacy and security can be used as a platform on which to build data sharing and protection protocol. By following globally accepted standards of IT compliance protocol, like the ISO 27001, companies can rely on these established frameworks to undertake business assessments and business integration.

By employing an effective IT governance and compliance strategy, government regulations can easily be met by your organization. There are companies that will specifically address the needs of small and mid – sized companies. Choose an IT company that provides you with particular solutions that will enhance the growth and performance of the specific requirements of your business. By reducing a singular capital expense and turning it into an operational expense gives you the financial advantage you need.

IT governance solutions include email encryption and archiving, data management, and business continuity which help various businesses today to meet their needs and objectives. But solutions like these are not necessary to be implemented by every business and some may need additional services.

Are your IT operations compliant? Do you have a proper IT governance strategy in place?

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