The recent decade has witnessed international, federal, state and local regulatory bodies introducing several compliance standards and laws. These have given birth to the newer information technology compliance. This subject of compliance is made up of a plethora of buzzwords including SOX, HIPAA, GLB and CFR; each possessing its own set of responsibilities. Information Technology compliance refers to the act of adhering to rules related to operation and management of information technology resources. At the same time, these are done in a manner that is conducive to an organization’s business ideology.
An organization that intends to attain and exhibit compliance should utilize a multi-phase strategy that includes security risk assessment, development and execution of controls and policies, recognizing implications of regulations when applied to the entire organization and finally, enforcement and documentation of controls.
Demonstrating information technology compliance refers to implementation of different compliance laws. Organizations are expected to produce a standardized and formalized methodology exhibiting due diligence and comprehensive documentation. Information technology compliance should not be perceived as a burden. It should be an opportunity for members of an organization to act proactively to integrate key business strategies with mandated requirements. The objective is to create a streamlined approach in the management of information technology resources.
Information technology compliance or for that matter any compliance cannot be separated from good business practices. Compliance rules are framed with the agenda of improving the manner in which a business is done, to secure the organization, its clients and other involved parties.