In today’s world of highly regulated industries, companies are overwhelmed with the complexity of complying with a multitude of laws, regulations and standards. Furthermore, IT is being asked to determine the business impact of IT control failures and to develop strategies to reduce the risk associated with these failures. Is your IT organization suffocating under the weight of conducting multiple assessments of duplicative controls and supporting too many controls where the cost greatly outweighs the benefit?

The way to tame this beast is to leverage the commonality of multiple laws and regulations to harmonize and reduce the number of IT controls. In addition, automation of IT risk and compliance will help to reduce and in some cases eliminate error-prone manual processes for assessing and monitoring the state of IT risk and compliance.

Join us for a discussion with Tommy Thompson, IT Security and Compliance Coordinator at Williams Company and Bob Shapiro, Principal Business Analyst at OpenPages in which we will uncover strategies for implementing a more effective IT risk and compliance management program. Thompson will discuss how Williams was able to significantly reduce costs while at the same time increase the effectiveness of their IT compliance programs. Shapiro will share experiences from working with IT organizations in Fortune 1000 organizations and talk about best practices for IT risk and compliance within those firms.