Survey: Regulatory Compliance Top Concern Of IT In 2011

  • Apr 20, 2011

Regulatory compliance will be the top business issue affecting enterprise information technology (IT) in the next 12 months, according to Top Business/Technology Issues Survey Results, a new survey of more than 2,400 ISACA members from 126 countries.

Conducted by ISACA, a global association serving more than 95,000 business and IT constituents, the survey found that the increase in regulations, data breaches and issues such as cloud computing and personal technology in the workplace are accelerating risk.

“IT cannot be managed in a vacuum. Increasing government regulations, consumer privacy concerns and hacktivist attacks are challenging enterprise IT assets in new ways,” said Tony Noble, CISA, a member of ISACA’s Guidance and Practices Committee and vice president of IT audit, Viacom Inc. “The study also reveals that the business side of the organization believes IT is managed in a silo, which indicates an opportunity for better aligning business with IT to unlock greater value.”

Key business issues affecting IT, according to Top Business/Technology Issues Survey findings, are:

  • Regulatory compliance.
  • Enterprise-based IT management and governance.
  • Information security management.
  • Disaster recovery/business continuity.

Regulatory Compliance is No. 1 Concern

Enterprises need to manage growth in a challenging global economy while complying with more regulations and standards. Within this topic, the top-ranked technology concern (chosen by 53 percent of respondents) was segregation of duties and privileged access monitoring.

Managing IT Project Risk

The survey shows that there is a growing focus on enterprise-based IT management and the governance of enterprise IT (GEIT). Managing IT project risk tops the list of concerns within this area, rated as most important by 45 percent.

Increased Security Breaches

A top concern expressed by ISACA members was the lack of senior management involvement in setting direction for information security, which was ranked as important or very important by 80 percent of responses.

“WikiLeaks, the Zeus botnet and a rise in identity theft show that the variety and volume of threats is rising. Security is everyone’s business, not just IT’s. Organizations need top-down commitment,” noted Greg Grocholski, CISA, director, ISACA and corporate auditor, The Dow Chemical Co.

Lack of Awareness

All business activity is at risk for disruption, yet continuity remains an elusive goal. According to the survey, the biggest problem (87 percent) is the lack of awareness among business managers that they are responsible for being able to maintain critical functions throughout a disaster.


 

Featured

  • From Surveillance to Intelligence

    Years ago, it would have been significantly more expensive to run an analytic like that — requiring a custom-built solution with burdensome infrastructure demands — but modern edge devices have made it accessible to everyone. It also saves time, which is a critical factor if a missing child is involved. Video compression technology has played a critical role as well. Over the years, significant advancements have been made in video coding standards — including H.263, MPEG formats, and H.264—alongside compression optimization technologies developed by IP video manufacturers to improve efficiency without sacrificing quality. The open-source AV1 codec developed by the Alliance for Open Media—a consortium including Google, Netflix, Microsoft, Amazon and others — is already the preferred decoder for cloud-based applications, and is quickly becoming the standard for video compression of all types. Read Now

  • Cost: Reactive vs. Proactive Security

    Security breaches often happen despite the availability of tools to prevent them. To combat this problem, the industry is shifting from reactive correction to proactive protection. This article will examine why so many security leaders have realized they must “lead before the breach” – not after. Read Now

  • Achieving Clear Audio

    In today’s ever-changing world of security and risk management, effective communication via an intercom and door entry communication system is a critical communication tool to keep a facility’s staff, visitors and vendors safe. Read Now

  • Beyond Apps: Access Control for Today’s Residents

    The modern resident lives in an app-saturated world. From banking to grocery delivery, fitness tracking to ridesharing, nearly every service demands another download. But when it comes to accessing the place you live, most people do not want to clutter their phone with yet another app, especially if its only purpose is to open a door. Read Now

  • Survey: 48 Percent of Worshippers Feel Less Safe Attending In-Person Services

    Almost half (48%) of those who attend religious services say they feel less safe attending in-person due to rising acts of violence at places of worship. In fact, 39% report these safety concerns have led them to change how often they attend in-person services, according to new research from Verkada conducted online by The Harris Poll among 1,123 U.S. adults who attend a religious service or event at least once a month. Read Now

Most   Popular

New Products

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • HD2055 Modular Barricade

    Delta Scientific’s electric HD2055 modular shallow foundation barricade is tested to ASTM M50/P1 with negative penetration from the vehicle upon impact. With a shallow foundation of only 24 inches, the HD2055 can be installed without worrying about buried power lines and other below grade obstructions. The modular make-up of the barrier also allows you to cover wider roadways by adding additional modules to the system. The HD2055 boasts an Emergency Fast Operation of 1.5 seconds giving the guard ample time to deploy under a high threat situation.

  • ResponderLink

    ResponderLink

    Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols.