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Compliance Challenges and EGI Solution Benefits
As government regulations and individual corporate mandates continue to multiply and transform, today’s businesses need to be proactive to gain greater control over existing processes and ongoing requirements. With EGI compliance solutions, your company can efficiently address near-term requirements while ensuring a ‘compliance ready’ infrastructure for the future.
Issue
Regulatory Fines & Legal Liability
From HIPAA to Sarbanes-Oxley to the Patriot Act, compliance with government regulations has become part of the cost of doing business in the US. And with penalties becoming increasingly stiff, the cost of non-compliance can be greater still.
Benefit
Reduced Risk
EGI compliance solutions not only help you achieve regulatory compliance, but help mitigate the risks leading to possible legal liabilities. Vulnerabilities are identified and eliminated, while compliance-related processes are brought up to required standards – and kept there.
Issue
Reporting
Compliance regulations require the strict collection and organization of various kinds of data, rapid and easy access to that data, and appropriate reporting to corporate leaders and regulators.
Benefit
Maximum Control
EGI’s compliance solutions can deliver robust reporting capabilities that allow for the automated collection of compliance information, which can be used to support risk management and litigation-readiness assessments. EGI solutions also ensure complete visibility and rapid access to the kinds of information compliance regulations govern.
Issue
Data and Message Retention
Comprehensive, secure processes for retaining communications and other data are a key requirement of major compliance regulations. Businesses must be able to automatically archive compliance-related information, and often need to consolidate storage for greater efficiency.
Benefit
Automated, Efficient Archiving
EGI compliance solutions include e-mail archiving and extensive record storage capabilities. They ensure demonstrable regulatory compliance, and support efficient on-demand retrieval of archived information.
Issue
Information Privacy & Security
Part of the compliance picture is controlling access to essential data and applications. The privacy and security of information is crucial and precautions must be taken to guard against unlawful access
Benefit
Access Control
EGI can help your company institute and maintain strict control over network and data access. Our identity management solutions allow managers to control and track access to important data and applications.
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