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Survey Finds Each Regulatory Compliance Effort Remains Its Own Domain; Silo Approach Prevails across Most Organizations

2008-07-14 12:30:00

Avior Survey Underscores That Organizations Have More Work To Do To

Optimize Compliance Programs And Processes

NASHUA, N.H.–(EMWNews)–Organizations are making progress in achieving regulatory compliance,

but nearly 75 percent are either still treating each compliance

regulation as an individual project or using manual methods to manage

compliance, according to a survey on compliance progress and issues

released today by Avior Computing Inc.

The bi-annual survey of IT compliance and risk executives by Avior found

that while some progress is being made on automating compliance

processes, silos of compliance still exist in a majority of

organizations, and these silos lead to inefficient compliance processes.

Overall, the survey found that organizations are making progress in

achieving compliance, but a surprisingly large number of organizations

are either still treating each compliance regulation as an individual

project, or using manual methods and tools to test for and manage

compliance, or both. Key survey response findings include:

  • Organizations are still largely treating each compliance regulation as

    a separate project or silo. 43 percent of respondents are operating

    this way, while 28 percent indicate that they are working towards a

    unified compliance process, and another 28 percent have achieved a

    unified process.

  • Assessments are an area where some optimization needs to occur: 70

    percent of responding organizations use separate assessments, one per

    regulation, while 30 percent are using a unified assessment spanning

    multiple regulations.

  • Spreadsheets and databases remained the most popular tools used to

    manage and track compliance, while compliance automation tools were

    used by 42.5 percent.

The full survey report is available upon request by sending an e-mail to [email protected].

It is not surprising that organizations

continue to struggle with mapping of multiple regulations to common

controls and to assessment questions said

Steve Katz, President of Security Risk Solutions, and former CISO of

Citigroup, Merril Lynch, and JP Morgan. Managing

the compliance process with manual approaches will continue to be

challenging for organizations with multiple regulations and standards.

Avior plans a follow-up survey in the fall of 2008 to explore some of

these compliance process issues in more detail.

This survey confirms what our customers tell

us. IT organizations are besieged with compliance audits and reporting

status requests. The stakeholders in the organization are experiencing

survey fatigue from completing multiple overlapping assessments.

said Steve McCalmont, Avior Computing CEO. Our

clients tell us that implementing leveraged approaches to compliance

mapping and assessments allow them to be far more effective in their

compliance processes, and to get more done with less manual labor.

About Avior Computing

Founded in 2003 by software and networking industry veterans, Avior

Computing is a leading innovator in compliance management solutions.

Avior ClearView is a dynamic SaaS mapping application that automates the

mapping of regulations, standards, controls, and assessment questions.

Avior BenchMark automates the process of assessing and managing

compliance for applications such as vendor risk and information privacy.

Avior BenchMark replaces costly and cumbersome manual assessments

involving spreadsheets and word documents with a streamlined and

automated process, enabling better risk decision-making, and

significantly reducing the pain and cost of manual assessment

activities. For more information, www.aviorcomputing.com.

Birnbach Communications
Steve Webster, 617-512-8635
[email protected]

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