Top 4 New Network technologies in 2012

Regional and international experts discuss new network technologies, such as governance, risk and compliance and mobile application management, and what they mean for enterprises

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Top 4 New Network technologies in 2012 Firewalls are a key defence mechanism in cloud security, according to Dell SonicWALL.
By  Georgina Enzer Published  November 11, 2012

Sophos has a wide range of customers operating cloud versions of their technology, especially with Amazon’s Web Services cloud platform.

2. Governance, risk, compliance

Experts discuss what governance, risk and compliance is and how it affects companies.

Governance, risk and compliance is something fairly new to the IT landscape and GRC automation software is just emerging in the region.GRC is an integrated set of processes and technologies that allow companies to improve business decision making, increase risk awareness and increase accountability.

To break it down further, governance is the culture, policies, processes, laws, and institutions that define the structure by which companies are directed and managed, risk is the effect of uncertainty on business objectives; risk management is the coordinated activities to direct and control an organisation to realise opportunities while managing negative events, and compliance is the act of adhering to, and demonstrating adherence to, external laws and regulations as well as corporate policies and corporate procedures.

“Governance, risk management, and compliance or GRC is a term that reflects the approach for organisations that adopt an integrated view to these aspects of their business. This is done by aligning and integrating the governance, risk and compliance activities and initiatives across the organisation,” says Alaa Abdulnabi, regional pre-sales manager, Turkey, emerging Africa and Middle East, for EMC RSA, experts in GRC solutions.

GRC is fast becoming essential for enterprises, especially for those that are doing business globally and are struggling to keep up with the regulatory requirements in each country and manage the greater risks associated with more complex business and IT environments.

While many IT GRC programmes are showing significant value however, there is often a substantial gap between the efforts undertaken within the enterprise IT department and the expectations that are understood by business professionals.

“Regulatory compliance continues to be a major driver in the adoption of a wide variety of products that automate risk-relevant tasks, but it is increasingly being replaced by a more business-oriented risk management approach. The use of automation to manage risk- and regulatory-relevant processes is a common practice in many enterprises. Complex organisations, especially those that are heavily regulated, use a wide variety of process management and decision support tools to manage risk, govern their activities, and ensure regulatory compliance,” says Biswajeet Mahapatra, research director at international technology research organisation Gartner. Companies such as RSA have developed EGRC solutions that automate the GRC process, making it easier for companies to comply across a host of regulations, as well as ensuring that the company’s data is up-todate and allowing greater visibility into threat impacts.

The primary purpose of any Enterprise GRC (EGRC)  platform is to automate much of the work associated with the documentation and reporting of the risk management and compliance activities that are most closely associated with corporate governance and strategic business objectives. The primary end users include internal auditors and the audit committee, risk and compliance managers, legal professionals, and all accountable executives.

GRC software provides enterprises with a method to improve compliance with retention policy, reduce legal risk, and streamline the operational process of managing unstructured information, according to Darren Lee, vice president, Governance and Archiving at cloud-based GRC solutions provider Proofpoint.

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