Managing Compliance Assessments

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CrossComply is a force-multiplier to help teams meet the scaling compliance needs of their business.

We’re an organization that’s growing very quickly, adding new frameworks, and expanding globally. We’ve been able to support that growth with our existing staff because we have AuditBoard.

Michael Geiger-Wolf

Director of Risk and Compliance

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3 Benefits of Managing Compliance Assessments in a Connected Environment

Enhanced Visibility

Managing an effective security compliance program allows for insight into top security compliance risks across the organization.

Simplify Framework Compliance

Learn how to comply with multiple frameworks at once by adopting new frameworks with ease and identify existing control gaps.

Increased Scalability

Scalability to be configured to grow with your organization's strategic objectives.

Why Is It Difficult to Manage Compliance Programs Efficiently?

Organizations need to comply with multiple regulatory frameworks and standards as part of their security compliance program, such as SOC 2, ISO 27001, PCI DSS, COBIT, etc. Each framework consists of a number of control and process requirements that the organization needs to abide by, which are usually enforced by an audit. As a result, it is difficult to scale compliance programs and easy to get lost in the complexities of managing various standards.

To manage security compliance programs effectively, security compliance professionals need to first understand their current compliance landscape, as well as the strategic vision of their company. This will allow them to visualize and plan for how the program should scale. Once the groundwork is set, security compliance professionals need to establish common controls across frameworks, identify compliance gaps between their organization and industry standards, integrate new or updated regulations, request evidence from across the organization, and have insight into their program’s top risks, all with minimal resources. The task becomes daunting, especially in a manual environment.

SOC 2 Compliance Checklist and Best Practices for an Audit

by Tony Luciani Read Article
SOC 2 Compliance Checklist and Best Practices for an Audit

Who Needs Assessment Management?

CISOs, CEOs, CFOs, and all parts of the organization. According to a recent survey of North American CISOs, they are preparing for an average of 3.3 security compliance standard audits over the next six to 12 months. Three cybersecurity assessments per year is a heavy lift for any team. A typical security compliance assessment involves months of meetings, emails, evidence request lists, and the team spending hours in interviews with key stakeholders and third-party auditors, resulting in significant financial and operational investments. Each audit requires interviews that pull the team members away from their day jobs, causing delays or other issues with important tasks necessary to business growth. In addition to the operational disruption, security compliance assessments are expensive, often costing tens of thousands of dollars. They’re also required to be renewed annually.

How Do You Successfully Manage Compliance Assessments?

Use a platform that allows your security compliance program to align with the strategic vision of your organization. It should provide enough automation to assist with scalability of the program through expanding internationally, acquisitions, and meeting customer demands with the addition of new frameworks and assessments.

How Can I Manage Assessments with AuditBoard?

Streamline information security and IT risk compliance across the enterprise — including SOC, ISO, PCI, NIST, CMMC, and more — in one integrated solution. CrossComply enables organizations to achieve and maintain compliance across multiple frameworks and teams by identifying gaps and creating a common controls framework to improve efficiency and collaboration. Drill down through executive-level dashboards and detailed reports to gain even more insight into your overall compliance posture. Import new framework requirements with ease in a standardized format and leverage cross-framework mapping with the Unified Compliance Framework® to reduce manual efforts by linking requirements, risks, and controls through a common control set. Scale your compliance program by automatically mapping newly added frameworks to your existing controls.

Resources

Assessment Management Resources

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