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What is a compliance management system?

 

August 8, 2014

 

 

How smart technology can prevent audit surprises
Many companies lack a coordinated compliance management system because they have fallen into the familiar trap of relying on people instead of a process. In many cases, information security has been delegated to an internal team and largely ignored by the rest of the company. As a result, compliance information isn’t easily accessible and the company experiences audit delays that might have been avoided had they implemented a compliance management system.
Continuous Compliance and Assurance (CCA) is a compliance management system that delivers ongoing, proactive risk management that is predictable, transparent and cost-effective. A central component of CCA is a digital dashboard that empowers risk managers to review performance against goals, adjust rules and demonstrate compliance as a present and ongoing position instead of a point-in-time snapshot.
With a compliance portal in place, information security professionals gain new levels of control, predictability and transparency that transform the auditing process from an assessment to an efficient and cost-effective confirmation. Moreover, the portal represents a compliance management system platform that empowers broader recognition and understanding of information security within a company.
Implementation of a CCA compliance management system is essential to shift the focus of risk management from people to process.

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