An incident may just be the tip of the iceberg
In the IT industry, incident reporting is an important aspect of IT Compliance. Incident reporting is an important practise that promotes safety in the workplace. It not only identifies areas…
Sharing is not always caring!
In IT compliance, control over data sharing is a major preventive step against accidental or intentional data breaches. Here are a couple of cases that could have been avoided with…
Authorized Personnel only!!!
Major public-facing companies have fallen victim to unauthorized individuals gaining access to sensitive data. Here are three famous cases which describe on the result of an authorized person gaining access…
Compliance Never Has a Day off!
How is it that when I buy insurance or make a financial transaction, I immediately begin receiving contacts from companies offering similar products and services? They know me, my email…
The heavy burden on Compliance Officers
Compliance has a cost. But non-compliance can be costlier. It could run into millions and billions as in the case that Ford Motor Co. is currently fighting. Ford Motor Co.…
Influence of Technology on Compliance
In the last blog, I have covered Impact of Data Protection and Data Localization Regulations, one of the key trends unfolding across multiple geographies. There is one more trend slowly…
Regulations across Countries for Protection of Data
“Change is the only constant in life.” – Heraclitus. The Greek Philosopher’s words aptly apply to compliance as well. The latest developments in compliance are no less than paradigm shift.…
Why are your clients interested in your Internal Control processes?
In the previous two blogs we saw how Protection of Rights and Economic rationales influence public policies and compliance regime. In addition to these two reasons, companies set certain internally…
Gaining Economic Efficiency Through Compliance
In the last blog we saw the Protection of Rights as the first factor considered in Compliance. In this write-up we will see the economic reasons for the necessity of…
Protection of Rights is the Right Thing To Do
“We welcome regulations and are very happy to comply!” rarely said any business leader ever. Often compliance is seen as unnecessary burden, and sometimes, it is felt to be detrimental…
