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The regulatory environment means that monitoring what information leaves your organization is as vital as protecting it from external attacks. In the past 10 years, regulations have multiplied and compliance now often requires entire departments to handle. How does regulatory compliance affect business continuity? If
non-compliance ends up in huge financial penalties or loss of reputation, you could be out of business fast. Read on...

The organization's leaders must be guided by certain core principles, without which they are unlikely to add value or contribute to the fulfillment of the company's mission. (Item #1)   Are you familiar with new
e-discovery requirements? If not, it could cost you millions. (Item #2)   Do new regulations in effect pose a business continuity problem, a legal problem, or a technical question? (Item #3)  

What happens in Vegas stays in Vegas; the same is not true of what happens online. (Item #4)   Companies that elevate business continuity and disaster recovery to a strategic level in their business and compliance activities do more than avoid risk. (Item #5)   A lot of organizations are still in denial and, because the worst hasn't happened to them or anybody they know personally, they assume that it probably never will. (Item #6)

As always, we look forward to hearing about your concerns with regards to business continuity. If you have a topic you'd like to see covered, please email me at [email protected]

Best Regards,

Bob Mellinger
President
Attainium Corp

Quote of the Week

"This isn't just a legal compliance issue for us.
We consider the privacy issue to be an opportunity to reinforce our brand image."

- Tom Warga -

Articles

1. Corporate Governance Is All About Responsibility
The primordial task of the board of directors and executive committee is to ensure a company's long-term survival. Top management must map out the company's future and see to it that daily decisions and actions steer it in the right direction. For that to happen, corporate governance must be conceived in terms of responsibility.
http://www.bettermanagement.com/library/library.aspx?l=14212

2. Enterprise IM Archiving for Regulatory Compliance and Business Continuity
Rule 26 effectively requires organizations to manage their data in such a way that this data can be produced in a timely and complete manner when necessary during legal discovery proceedings. As a result, certain regulatory bodies (particularly the SEC and the NASD) view IM as a form of communication that is subject to regulatory compliance requirements.
http://www.instant-tech.com/info/Instant_White_Paper_-_Enterprise_IM_Archiving.pdf

3. Data Governance: Regulatory Compliance and Business Continuity
The disaster and losses of September 11 combined with recent corporate accounting scandals have created an environment in which a "Perfect Storm" of new government regulations has emerged. Organizations are now challenged to interpret a slew of new mandates and protect their key data assets-whatever the circumstances.
http://www.hds.com/pdf/wp_199_data_governance.pdf

4. Ten Cases Where Online Activity Came Back to Haunt
What happens in Vegas stays in Vegas. The same is not true of what happens online. With increasing regularity, litigants, lawyers, witnesses, jurors and even judges are seeing their online activities come back to haunt them in court.
http://www.ims-expertservices.com/newsletters/sept/when-what-happens-online-ends-up-in-court-091509.asp

5. What Business Continuity Means for Compliance
Sarbanes-Oxley, HIPPA, Graham-Leach-Bliley, and other industry-specific rule changes have ushered in a regulatory era that greatly values risk management and increases the penalties for companies and individuals whose risk-management practices fall short. Disaster recovery and business continuity represent a central, but frequently misunderstood, component of a company's overarching risk-management strategy. Successful, long-term compliance and related productivity gains depend on clearing up misconceptions about business continuity and weaving it into the strategic fabric.
http://www.forsythe.com/na/aboutus/news/articles/2004articles/whatbusinesscontinuitymeansforcompliance

6. Take the 'compliance self-diagnosis test'...
There is a narrowing window of opportunity in which companies can prepare themselves for major changes in compliance regulation and legislation. The reality is that, even with general policies and some technologies in place, many organizations aren't doing enough, or enough of the right things to protect themselves for the growing risks associated with managing electronic records.
http://www.continuitycentral.com/search.htm