Governance, Risk and Compliance
Security Congress Abstract
Third-party review initiatives have recently intensified. These review efforts follow the introduction of tighter regulations on data security and privacy, coupled with the growing number of reported breaches caused by supplier errors. Small businesses operating in heavily regulated industries that do not have dedicated compliance staff or systems to handle the repetitive collection, validation, and organization of security controls, find themselves under great burden to complete evidence requirements. By breaking down the business processes and data flows that are critical to generating revenue, mapping those processes to the policies and procedures required for compliance, and systematically capturing the actions and output of those processes, an organization can drastically decrease the time and stress caused by the increasing number of security reviews.