Another survey conducted in 2021 by the International Association of Privacy Professionals (IAPP) found that compliance with data protection laws such as GDPR and CCPA is the top privacy-related concern for organizations.

1. A Guide To IT
Compliance Assessment
And Management

2. Table of
CONTENTS
Introduction
Understanding IT Compliance
Assessment And Management
Steps in IT Compliance Assessment
and Management
Streamline IT Compliance Assessment
and Management with Skillmine
info@skill-mine.com www.skill-mine.com

3. IT COMPLIANCE
ASSESSEMENT
& MANAGEMENT
Guidelines
Governance
Administration
Regulation
Standards
Transparency
Rules
Requirements
Policies
Law
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INTRODUCTION:
A 2021 survey by IDG says that 61% of organizations have increased their IT compliance
spending in response to the pandemic. Another survey conducted in 2021 by the Inter-
national Association of Privacy Professionals (IAPP) found that compliance with data
protection laws such as GDPR and CCPA is the top privacy-related concern for organi-
zations.
In an era where digital technology has become all-pervasive, companies must ensure
that their IT systems comply with industry standards to maintain the integrity of their
operations and protect their customers' data. IT compliance assessment evaluates an
organization's IT systems and processes to meet relevant industry standards, regula-
tions, and best practices.
Effective IT compliance assessment and management can help organizations avoid
costly penalties, reputational damage, and legal liabilities resulting from non-compli-
ance. By proactively managing IT compliance, companies can maintain their custom-
ers' trust and ensure the reliability of their operations.
This ebook will explore the key concepts of IT compliance assessment and manage-
ment and provide practical guidance for organizations seeking to develop and imple-
ment an effective IT compliance program.
03
This assessment is critical for identifying potential risks and vulnerabilities within
an organization's IT infrastructure and taking steps to mitigate them.

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A Guide To IT
Compliance Assessment
And Management

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Steps in IT Compliance Assessment And Management
In a 2021 survey by Compliance Week, 75% of respondents reported using technology to
manage their compliance programs.
Conducting IT compliance assessment and management involves several critical steps
in ensuring your organization meets the regulatory requirements and industry stan-
dards. Here are some of the critical steps to follow:
05
The first step in conducting IT compliance
assessment and management is identify-
ing the relevant regulations and stan-
dards your organization needs to comply
with. This may include laws such as GDPR,
HIPAA, SOX, or industry standards like PCI
DSS.
Identify Applicable Regulations
and Standards:
A 2021 survey by Trustwave found that 71%
of organizations consider regulatory com-
pliance to be a top driver for their cyberse-
curity spending. A risk assessment helps
identify potential threats and vulnerabili-
ties impacting your organization's IT com-
pliance. This assessment should be per-
formed regularly to identify and address
any new risks.
Conduct a Risk Assessment:
Technical controls include software and
hardware to ensure IT policies and proce-
dures compliance.
This could consist of firewalls, anti-virus
software, intrusion detection systems, and
encryption technologies.
Implement Technical Controls:
Based on the regulations and standards,
and risks identified, your organization
should develop policies and procedures
that outline how to manage IT compli-
ance. This should include processes for
data protection, access control, and inci-
dent response.
Develop Policies and Procedures:

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Steps in IT Compliance Assessment And Management 06
Once policies and procedures have been
implemented, it's essential to monitor and
track compliance on an ongoing basis.
This can be done using tools such as auto-
mated monitoring and audit logs. A 2021
report by Gartner predicts that by 2025,
50% of companies will be using automat-
ed tools to monitor and enforce IT compli-
ance.
Monitor Compliance:
Regular audits are necessary to ensure
ongoing compliance with IT regulations
and standards. This includes both internal
audits and external audits by third-party
assessors.
Conduct Regular Audits:
Ensure that employees know the policies
and procedures in place and understand
the importance of compliance. Training
should be provided regularly to keep em-
ployees updated with changes in regula-
tions and standards.
Train Employees:
When non-compliance issues are identi-
fied, it's crucial to take action to remediate
them. According to a 2021 survey by Met-
ricStream, 48% of compliance profession-
als cited "keeping up with changing regu-
lations" as their top challenge.
This should be understood in the context
of a 2021 report published by Deloitte. It
says that 70% of organizations have had to
modify their IT compliance programs due
to changes in regulations or laws. Hence, it
is essential to monitor new regulations
and make changes to policies and proce-
dures, employee training, or technical
controls.
Remediate Non-Compliance
By following these steps, your
organization can effectively
manage IT compliance and
ensure that you meet regulatory
requirements and industry
standards.

7. Streamline IT Compliance
Assessment And Management
with Skillmine
Streamline IT Compliance
Assessment And Management
with Skillmine
info@skill-mine.com www.skill-mine.com

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Skillmine COMPLYment: 08
Skillmine is a frontrunner in the IT and
Tech industry, with a proven track record
of delivering a high-quality, effective, effi-
cient, and user-friendly compliance solu-
tion like COMPLYment. COMPLYment,
Skillmine’s homegrown IT Governance,
Risk and Compliance (GRC) solution, is
designed to help organizations monitor
their compliance with various regulations,
standards, and policies.
The tool provides a centralized platform
where organizations can track and
manage compliance activities, including
audits, risk assessments, and compliance
training. COMPLYment allows users to set
up automated alerts and reminders for
essential compliance tasks and deadlines.
COMPLYment features a user-friendly
interface that allows users to easily access
compliance-related information, generate
reports, and track progress over time. The
tool is designed to be customizable, allow-
ing organizations to tailor it to their specif-
ic compliance needs.
One of the critical benefits of COMPLYm-
ent is its ability to help organizations iden-
tify compliance risks and take proactive
steps to mitigate them. By providing a
comprehensive view of compliance activi-
ties across the organization, COMPLYment
helps users identify potential issues before
they become serious problems.

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Case study 09
A large financial services company faced significant challenges in managing its IT com-
pliance activities, which were becoming increasingly complex and time-consuming. To
address these challenges, the company implemented COMPLYment.
As a result of implementing COMPLYment, the company was able to stream-
line its compliance activities and improve its overall compliance posture. The
tool provided real-time visibility into compliance activities across the organi-
zation, enabling the company to quickly identify and address compliance
issues.
The tool also helped the company to improve their risk management process-
es by providing more accurate and comprehensive risk assessments. In
addition, the IT compliance tool helped the company to reduce compliance
costs by eliminating the need for manual processes and reducing the risk of
non-compliance penalties. The tool also provided a more efficient way of
managing compliance data, reducing the time and effort required to pro-
duce regulatory reports.
The IT compliance tool proved to be a highly effective solution for the financial services
company, helping them to manage their compliance activities more efficiently and
effectively.
4

10. Want to keep up
with the complex
and evolving
regulations
We can help!
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https://skill-mine.com/products/complyment-it-compliance-management-software/