Compliance is not a one-time event – organizations realize that they need to make it into a repeatable process, so that they can continue to sustain compliance with that regulation at a lower cost. When an organization is dealing with multiple regulations at the same time, a streamlined process of managing compliance with each of these initiatives is critical, or else, costs can spiral out of control and the risk of non-compliance increases.
- Document Process and Risks
- Define and Document Controls
- Assess Effectiveness of Controls
- Disclosure and Certification of Compliance Processes
- Remediate Issues
Compliance Management have a positive impact on effectiveness of policies and procedures (Governance)implemented in an organization for secure environment.