Compliance is more than abiding by laws and regulations. It is also about establishing policies and procedures to execute strategies and achieve objectives and fulfilling contractual obligations of customers and third parties. Digital Transformation can introduce new and different compliance obligations, and increase the time and costs dealing with it. Organizations need to look at compliance through the lens of risk management and apply appropriate procedures and digital technologies to manage compliance risk in the most efficient and effective means possible.
*** This is a Security Bloggers Network syndicated blog from RSA Blog authored by RSA Blog. Read the original post at: https://www.rsa.com/en-us/blog/2019-09/compliance-and-digital-transformation-imperativesto-modernize.html