Five compliance strategy tips to help diminish your risks

Having a tough time developing the right compliance strategy? Check out our must-reads to help you find ways to develop best practices, diminish risk and reduce costs.

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IT compliance regulations are getting more complex, and failing to address risks can be very costly. This makes having a sound, streamlined compliance strategy more important than ever. But what, exactly, is a good compliance strategy? How do you decide where your strategy is lacking? What compliance risks should you and your company be monitoring?

SearchCompliance.com is here to help. Learn how to develop a smart compliance strategy that’s the right fit for your organization with tips from some of our top articles.

  • Application security best practices help meet compliance objectives
    Aligning application security best practices with compliance objectives makes it easier for companies to meet industry regulations and standards. It may help reduce costs as well, according to Ed Adams, CEO of software security and cryptography firm Security Innovation Inc.

  • Q&A: How ignoring data security and privacy leads to compliance risks
    Recent high-profile data breaches show that even enterprises with seemingly endless resources are vulnerable to the loss of sensitive information. HiSoftware chief technology officer Thomas Logan discusses under-the-radar -- but common -- data security and privacy lapses that cause compliance risks for many organizations.

  • Avoid duplicated efforts to cut the cost of regulatory compliance
    Regulatory compliance doesn’t have to bust your budget, and getting rid of duplicated efforts in compliance strategy is a good place to start. Contributor Kevin Beaver offers tips to figure out where you can consolidate your efforts to save time and cash.

  • How GRC, sustainability and CSR relate to one another
    How your organization determines the relationships among governance, risk and compliance (GRC); sustainability; and corporate social responsibility depends on the context of each item -- and is dependent on management's goals. Contributor Adrian Bowles has recommendations for balancing GRC, sustainability and CSR to reach your organization's goals.

  • The long-term consequences of not addressing compliance programs today
    The lack of a sound corporate compliance plan can lead to regulatory sanctions, a data breach or both. Find out why it's time to reassess your compliance plan, and how to avoid long-term consequences.

Let us know what you think about the story; email editor@searchcompliance.com.

This was first published in June 2011

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