Taming the compliance beast: achieve efficiency & reliability at scale
Regulatory compliance is time-consuming and expensive. A recent survey of IT security professionals found that, on average, organizations must comply with 13 different regulations and spend an average of $3.5M annually on compliance activities, with audit-related activities consuming 232 person hours per year. With a team of five people, that adds up to 1.5 months a year devoted to audit-related activity. That’s a lot of hours that could have been spent on initiatives driving customer value.