IT and compliance are closely connected because IT is responsible for managing and protecting sensitive information. This includes financial data, personal information, and other confidential data that must be handled in accordance with various laws and regulations.
Why is Compliance Important to IT Organizations?
Compliance can have a big impact on IT organizations, both positively and negatively. On the positive side, compliance helps IT organizations establish a secure and trustworthy environment for handling information. By following laws and regulations, IT organizations can demonstrate to customers, stakeholders, and regulatory authorities that they take data security seriously and are committed to protecting sensitive information. On the negative side, compliance can be time-consuming and costly for IT organizations. Implementing and maintaining compliance requires a significant investment of resources, including staff time, training, and technology. Additionally, failing to comply with regulations can result in penalties, legal action, and damage to the organization's reputation, which can be difficult and expensive to repair.
What Are Common IT Compliance Requests That Need To Be Addressed?
Here are some more common compliance requests that IT organizations worldwide have to address.
Industry-Specific Regulations:
Industry-specific regulations such as the Health Insurance Portability and Accountability Act (HIPAA) for the healthcare industry and the Payment Card Industry Data Security Standard (PCI DSS) for the financial industry set standards for protecting sensitive information in specific industries. IT organizations must ensure that they are compliant with these regulations by following industry-specific best practices and undergoing regular audits.
Access Management Regulations:
Access management regulations refer to implementing and receiving certification in SOC2 primarily in the United States and ISO 27001, which is the international standard set for managing access to sensitive information. IT organizations must ensure that they are compliant with these regulations by implementing strict access controls and monitoring access to sensitive information.
Let’s Take a Look At An Example Compliance Request
Create your objective, decide how to handle it, and bring the right stakeholders to the table to help develop and implement policies and procedures to make your organization compliant.
Security and compliance can affect more than just the surface level technology and devices. It also affects the mobile devices your employees use day-to-day. Mobile Device Management (MDM) is important for IT organizations as it helps them to secure, manage and monitor mobile devices, which can help to protect sensitive data and comply with laws and regulations, increase productivity and reduce costs, and improve response times and inventory management.
For example, Mobile Device Management (MDM) solution & User Endpoint Devices
Implementing a Mobile Device Management (MDM) solution is an important part of managing and securing user endpoint devices, such as smartphones and laptops, in an IT organization.
Here's how IT organizations typically implement MDM solutions:
By following these steps, IT organizations can ensure that sensitive information and corporate data are protected and secure, and that they are in compliance with relevant regulations.
Read Disaster Recovery Plans to learn about the first common compliance example that we covered that IT organizations must address.
Learn more by downloading our eBook: Compliance Journey in the Age of SaaS