Compliance Management
Reduce the costs of your compliance efforts by centrally managing your security policies, controls, and audit data
The Situation and Challenge
According to industry analysts, there are now over 15,000 U.S. and International regulations that govern how businesses should manage information. Between internal and external auditing costs (which are rising 35% a year), external consulting fees, and investing in new IT systems, the average large-cap company is spending over $4 million a year on their compliance efforts. These same companies, most of which rely heavily on manual compliance procedures, are also spending over 6,000 person-hours of work to get their internal controls to a state where they match up to the needs of section 404 of the Sarbanes-Oxley act alone.
On one hand, in the rush to meet compliance obligations, you may have relied on, and may now be stuck with, labor-intensive manual processes that you can’t maintain long-term. On the other hand, you may have an audit- or consultant-driven IT proposal that is over-engineered and cost-prohibitive. Your objective is to find the middle ground where you can meet your obligations, maintain your sanity, and not give away the farm. That’s where Wolcott can help you.
The Wolcott Solution
Wolcott helps organizations to implement cost-effective systems and processes that are optimized to reduce the costs of compliance. We implement systems based on IBM Tivoli, Microsoft MIIS, and more to…
- Scan servers and workstations to verify whether IT security controls are in place
- Scan servers and workstations to verify that the systems comply with your security policy
- Better facilitate the compliance auditing process
The Solution’s Value
A compliance management solution can produce the following benefits:
- Minimizes the risks of not meeting, or not being able to verify, regulatory compliance
- Reduces the costs, and improves the efficiency, of your compliance and auditing efforts
The Proof of Our Success
Wolcott Group is a leading provider of security management solutions. Wolcott Group is a certified partner of the leading providers of security management solutions such as IBM, Microsoft, Symantec/BindView and more. When it comes to designing and implementing compliance management solutions, Wolcott’s consultants, tools and partners deliver the highest value to solving your technology and business challenges.