One of the most challenging and complex elements of operating a financial services institution is compliance. Managing risk, security and privacy to earn customers’ trust has long been at the core of financial services, but this foundation has been shaken over recent years.
Organizations that work in a highly regulated industry such as medical/health, pharmaceutical, security, automotive, aerospace, and defense, know how important it is to comply with standards and regulatory requirements. In order to meet regulations, manufacturers must maintain strict control over the development process, from testing to maintenance, and release. Xray test management app is a powerful test management app that can help you meet compliance and regulations in your industry.
If you’re working in a regulated industry, compliance audits are a part of your day-to-day. Without the right processes in place to follow applicable standards, compliance can be tricky, and audits can be daunting. In order to successfully comply with regulatory standards applicable in your industry, you will be required to adopt a set of tools and practices as part of your product lifecycle itself.
If your company works with the US Department of Defense (DoD) as a contractor or subcontractor, you will need to prepare to meet CMMC requirements in order to successfully bid on and win contracts. This recent development has been a significant adjustment for small organisations who wish to work with or continue working with the DoD.
In this guide, we are covering the facts that you need to know in order to prepare your business to tick off the necessary boxes required to meet CMMC compliance.
For companies working within regulated industries, achieving and maintaining compliance is critical to overall business success. Meeting the requisite compliance standards ensures the product’s quality and safety, which can have life-saving implications. With such high stakes, the road to compliance is an all-important one. Until a product is deemed compliant, it can’t generate revenue. So how can your organization accelerate the road to compliance?
Ensuring and verifying that your codebase is compliant with a particular coding standard or industry regulation can be a difficult and time-consuming process. However, by using a static code analysis tool — such as Helix QAC and Klocwork — you can generate a compliance report to see whether your codebase is compliant or not.
Suppose that you work for a government tax agency. You recently noticed that some tax fraud incident records have been leaked on the darknet. This information is held in a Kafka Topic. The incident response team wants to know who has accessed this data over the last six months. You panic. It is a common requirement for business applications to maintain some form of audit log, i.e. a persistent trail of all the changes to the application’s data to respond to this kind of situation.
