Sunday, May 1, 2011

"Regulatory Compliance" - #1 Issue for Information Systems Audit and Control Professionals

Regulatory compliance topped the list of business issues according to a recent survey by ISACA, a global organization for information security, audit, control, and governance, professionals.

Issues within regulatory compliance were managing and sharing personally identifiable information (PII), the costs associated with required controls, compliance process management, and the segregation of duties and privileged access monitoring.
"Keeping up with the ever evolving legislative and regulatory requirements is time consuming and expensive as IT must design and maintain systems." - ISACA Survey Report
The top seven business issues identified by the survey are
  • Regulatory compliance
  • Enterprise-based IT management and IT governance
  • Information security management
  • Disaster recovery/business continuity
  • Challenges of managing IT risks
  • Vulnerability management
  • Continuous process improvement and business agility
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The results are based on a survey of 46,101 ISACA members and 2,405 responses (6.9 % response rate). The survey was conducted between 10/12/2010 and 11/19/2010.

About ISACA
ISACA is global organization for information information security, audit, control, and governance, professionals. The ISACA information system auditing and control standards are followed by practitioners worldwide.

Sources:
(a) ISACA - Top Business/Technology Issues Survey Results 2011 (registration required) - ISACA, 2011

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