Myth Two: CIOs Have Embraced Enterprise GRC
Gordon Burnes 270004HVEW firstname.lastname@example.org | | 0 Comments | 182 Visits
As we mentioned last week, during the heyday of buying for Sarbanes-Oxley (SOX) compliance solutions, many companies put in place technology platforms that now support a variety of risk and compliance initiatives. SOX solutions were generally purchased with the tacit approval of IT, but, given the range of solutions currently in deployment (spreadsheets, custom applications using Microsoft Access as a platform, and COTS SOX solutions), it is clear that IT never standardized on a strategy for managing risk and compliance data. The result is that today CIOs have an opportunity to either leverage their existing technology or put in place a standard platform to support risk and compliance data and processes.