Reduce Organisational risk by adopting a compliance culture

Fostering a culture of joint accountability at work

Organizations are moving to hybrid, multi-cloud, and edge settings, but cloud security is more complex than on-premise security. Most firms must follow at least 13 regulations, which raises security problems.

These standards and policies often regulate credit card payment processing, user data security, and employee endpoint support. Noncompliance can cost your company business, reputation, fines, and even legal action.

Earlier this month, a technology company that provides software that helps ensure consistency, compliance, and security at scale held a fireside chat exploring how your company can overcome the mounting challenges of compliance.

“Foster a culture of collaborative accountability for security, IT, risk management, and compliance departments within your organization” shows how your company can scale compliance.

Explore the three benefits of shared accountability to see why your firm should tackle compliance through teamwork. Compliance cultures decrease risk, boost efficiency, and lay the groundwork for growth.

Improve compliance with streamlined processes

Using multiple professions’ skills together to design and enforce policies makes compliance easier. In traditional compliance, security, IT, corporate compliance, and risk management, employees work on separate teams and only interact during audits.

Leaders like these can help your company improve risk management and policymaking.

Reduce risk by pulling skills and knowledge from these four teams:

Risk Management looks at how vulnerable the organization is to legal proceedings, vendors, and business continuity.

Using Information Security technologies and methods, they are able to protect resources such as devices, applications, systems, and infrastructure from illegal access, interruption, alteration, or destruction.

The IT Operations team oversees systems and infrastructure for business processes.

Corporate Compliance is responsible for developing, implementing, and maintaining rules to ensure that all legal requirements are met.

It is through the expertise and experience of these four groups that they are able to define and push policy compliance or the desired state.

Risk Management and Corporate Compliance possess comprehensive, organizational-wide knowledge of the regulations, frameworks, and policies necessary to describe the intended state. It is possible for IT Operations and Information Security to have an impact on policy and change systems as well.

As a result, these projects are now able to take advantage of their funding and resources to help with other projects.

Enhance organizational efficiency

As a result of the reactionary stance most organizations take toward compliance, IT is stuck in a cycle of stress-inducing audits that necessitate manual labour. The relationship changes from potentially adversarial to collaborative when IT operations, security, and corporate compliance teams work together.

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