Key Features to Look for in Compliance Management Software

 

Compliance management is an ongoing process to maintain compliance and regulatory policies, whether through an assessment of current processes and systems or the use of necessary technology. Compliance regulations are evolving to deal with the latest threats while we are not careful without realizing it. Not only this, non-compliance can lead to significant disruptions in the process. Expensive data breaches and damage to reputation, shareholder confidence, etc., make the compliance manager software so important.

Supported Platforms:

Determine the platform you want to support. If you are a stable company, there is a high chance that you are using Microsoft Active Directory (AD). Today, many organizations are shifting their business operations to the cloud, and some new companies choose to avoid using on-premises infrastructure entirely. Some more sophisticated compliance management solutions can collect and associate event data from multiple platforms. This includes on-premises and cloud-based environments.

Data classification:

Many modern compliance management solutions include out-of-the-box data classification tools. This is because many organizations store large amounts of unstructured data scattered in many places. Compliance management software has ability to clearly identify what information you are responsible for and where it is located. It is extremely important if you want to comply with most data privacy regulations.

Detailed and customized reporting:

Auditors will want you to show that you know where your controlled data is and you have taken the necessary controls to prevent scammers. Look for a compliance management solution that can generate detailed reports relevant to your industry in just a few clicks. Most compliance management solutions have hundreds of predefined reports covering GDPR, HIPAA, CCPA, SOX, PCI, FISMA, GLBA, and more. 

Accessible user account and password management:

You will need a compliance management solution that can automatically detect and manage inactive user accounts. This not only ensures that you don't collect redundant data. But it also prevents attackers from targeting these accounts with their efforts. You will need a solution that can automate the password management process. This includes password rotation and activating or deactivating user accounts with expired passwords.

Clean and easy-to-use interface:

This is because the primary purpose of a compliance management solution is to provide a clear insight into how your sensitive data is accessed. So there is no point in using solutions with cluttered interfaces that are difficult to navigate. Since you might miss an important event, it is essential to consider the time it takes to integrate the software and train the relevant staff to use it.