Compliance management

Compliance management

Part 1

Our class focuses on integrating several aspects of information security/assurance. Part of an overall integrated approach to achieving a comprehensive information assurance program is compliance management. As you are aware there are a number of government regulations that affect both the public and private sector. Please read Learn the Science of Compliance.pdf. The author makes a strong case for centralized management of IT compliance and the use of software tools to assist in managing compliance programs.

You are the CISO of a large private financial company that is traded on the NY Stock Exchange. You were tasked by the the CIO to develop an IT compliance management program for your organization. What approach would you take to develop such a program? What regulations impact the organization? Would you consider the use of a compliance tool? If so which one and how would you justify the expense?

Remember to cite your sources and to give a complete answer to the questions posed above.

Part 2

Read the Wachovia Case Study located here, http://gilbane.com/case_studies_pdf/CTW_Wachovia_Final.pdf#_Toc88022904.

Now, select five of the most important concepts that you identified that contributed to the success of integration of IT capabilities. Explain why you chose each one.

 

………………………Answer preview……………………

A compliance management program defines how an organization learns of its compliance obligations, ensures its workforce know these obligations, incorporates compliance requirements into organizational processes, checks to ascertain compliance requirements are duly met and institutes corrective and/or punishment for any breaches. An information technology compliance management program is hence the means through which an organization enforces compliance to IT infrastructure, rules and regulations within the organization……………………….

APA

634 words