In any event it is clear that computer system failure was the heart of the problem and given the estimated billions of dollars costs to businesses from the blackout, it seems certain that IT audit and compliance will now be strongly enforced.
Compliance technology has gone from the wish lists of bean-counters to the important to-do lists of key executives and board members. Companies are spending more on compliance in general, according to a PricewaterhouseCoopers survey released on...
An Accenture survey of compliance chiefs in 63 US and European banks found the majority were struggling to implement the IT systems necessary to comply with Basel II, a regulation aimed at making financial companies focus on business risk.
Solutions in the same vein have been made available before: the basic version of Microsoft SharePoint bundled with Windows Server 2003 enables some document sharing, and Microsoft's new Office suite will have enhanced collaboration features.
Around the same time, in the coffee lounge of the Institute of Directors, my friend J quipped: "You don't have to worry about government until it's joined-up. Firstly, we don't have enough floor space in our prisons to deal with the number of...
In a time like this where hard working people are struggling, I see it as a kick in the teeth to keep on taking and then wasting taxpayers money. Space efficiency We certainly learned to be efficient with memory space.