Keys to Getting Started With Compliance

ComplianceI have recently jumped head first into a number of compliance initiatives both for our internal needs as well as for our customers.  To say that I have learned a lot in 3 months is an understatement.  I was working with a compliance consultant who at the beginning of the exercise said, “Mike, you seem like you know a little about this stuff and you could probably play a compliance consultant in a movie but we’ve got a lot of work to do.”  Not the comment I was looking for at the time but I am always up for a challenge.  (By the way, what movie would need an actor to play a compliance consultant?)

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Update: What is Regulatory Compliance?

Regulatory compliance has many different definitions depending on what industry you are applying the policies to. Since compliance means integrating standards that follow specific requirements, regulatory compliance is the regulations a company must follow to meet specific requirements.

When you apply regulatory compliance to IT, the regulations apply to two different aspects of company operations. These include the internal requirements for IT and compliance standards. They are set forth by external entities. Both types of regulatory compliance affect IT company operations and can potentially restrict what a company can and cannot do. (more…)

What is Regulatory Compliance?

Regulatory compliance can take on different definitions according to the industry in which you are applying the policies.  Since compliance means incorporating standards that conform to specific requirements, regulatory compliance is the regulations a company must follow to meet specific requirements.

When you apply regulatory compliance to IT, the regulations apply to two different aspects of company operations which include the internal requirements for IT and compliance standards that are set forth by external entities.  Both types of regulatory compliance affect IT company operations and can potentially restrict (more…)