IT compliance is a complex and multifaceted process that encompasses both internal IT compliance guidelines and external guidelines from government and regulatory organizations. And because cyber security threats are constantly changing, IT compliance is ever-changing as well.
Regulatory compliance issues are heightened in industries such as energy, financial institutions and healthcare. However, lack of intent or resources is no defence when it comes to legal and regulatory action taken against a corporation and its directors as a result of compliance breaches.
Non-compliance to the correct standard can be costly and damaging with an increased risk of data theft. With Adeptia Compliance, clients can take advantage of Connect2 technology to speed-up the b2b on boarding process and reducing costs, respecting standard implementation according to different regulations.
FSI have to integrate many different applications (internal and external), and must be compliant with many regulations, like PCI-DSS and SOX:
FSI partners could have the same issue; exchanging files/transactions with them, they may be subject to compliance with the same regulations. Usually they have to aggregate different technologies, and every system has his own security (when they have it) system and tracking log format. Putting all together to be compliant with the regulations is very hard and expensive.
The huge number of global legal, regulatory and administrative requirements and the variety of standards, guidelines and frameworks require compliance managers to merge and normalize mapping of requirements to controls and other compliance activities. Add to this the growing requirements for compliance within the scope required by business relationships and internally generated mandates, and one can see how the role of the compliance leader has become increasingly challenging.
With requirements coming from multiple sources, the challenge of aggregating, normalizing and designing controls has grown beyond the ability of manual effort, even when supported by basic technology such as spreadsheets.
The ability to take inputs from a wide range of sources and create a policy set that is easy to understand, support and manage is the foundation for measuring and reporting compliance across regulatory, commercial and organizational frameworks. Features within this capability include out- of-the-box content that is variable and very diverse and will include, but not be limited to:
Corporate compliance requirements such as FCPA, GLBA, SOX and OSHA.
Companies have little visibility into and manageability of the data integration process flows. Typically, supporting auditability and demonstrating compliance is extremely difficult due to the lack of data recorded about the processes. Usually companies suffer with:
It’s a solution, totally integrated with Adeptia Connect2, that enables full monitoring and control of all Connect2 flows, solving compliance issues about data integration, like file encryption, user authentication, and end-to-end flows monitoring.
Adeptia Connect2 provides the ability to take inputs from a wide range of sources, enabling business and IT to put in production b2b flows in few hours or days, and not months like usually happens. Adeptia Compliance creates a policy guideline for these flows, aggregates and normalizes events, provides an end-to-end process execution meta-data for reports and audit analysis.
Through Adeptia Connect2, business and IT share one single source of information, and its hub and spoke architecture allow to be compliance with parts of the regulation providing:
Security* — Functionality that prevents unauthorized access to les in transit and les at rest.
Capabilities — Endpoint security; in-transit security; file retention security.
Compliance* — Ability to demonstrate conformance to standards such as PCI DSS, safe harbour and data segregation.
Capabilities — Demonstrate the use of the standards that apply to your le transfer; auditing; nonrepudiation.
Governance* — Functionality for implementing, enforcing and checking compliance to policies applied to le transfers, such as those that implement authentication, authorization and service- level agreements (SLAs).
Capabilities — Policy management: simple, no-programming-required approach to creating policies that implement, for example, security and SLAs; import and export of policy rules. Policy enforcement: central policy administration point, distributed policy enforcement points.
Primeur Governance is already full integrated with Adeptia and brings to the table two important value propositions:
Finally, Primeur MFT supports tokenization. Tokenization is very important for companies that manage credit cards. The whole point of tokenization using an MFT is to limit the usage of plain-text sensitive data (stored in files sent or received) to as few places in your environment as possible. It can be used to replace any sensitive or non-sensitive data set, from protected health information to automated clearing house data or Social Security Number, but the most popular data for tokenization remains primary account number (PAN) data, or credit card numbers.
For more information, refer to http://www.primeur.com/spazio-file-governance
To schedule a demo, please contact us at email@example.com