Regulatory Frameworks Overview
Neohapsis provides organizations with a single infrastructure to support a multitude of industry frameworks and regulations, or initiatives that are customized to your organization. Whether your compliance activities are driven by the Sarbanes-Oxley Act of 2002 (SOX), the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS), or others, Neohapsis’ products and services enable organizations to easily meet fundamental compliance requirements and develop best practices, resulting in up-to-date, cost-effective, and streamlined governance, risk, and compliance (GRC) activities. With Neohapsis, customers gain an enterprise-wide view of risk, enabling the tight alignment of compliance, risk management, and governance strategies objectives. This coordinated approach provides improved visibility and consistent processes for measuring and mitigating risk, translating to improved compliance and more efficient and cost-effective GRC activities. By leveraging Neohapsis’ regulatory frameworks, organizations benefit from:
- Streamlined compliance activities: Manage policies, controls, and processes for a multitude of regulatory mandates via a single system of record
- Enhanced risk awareness: Ensure that you’re making business decisions in the context of enterprise risk, and are not caught off guard by compliance reporting requests, audits, or previously undetected risks
- Reduced costs: More effectively leverage current budget and staff resources by eliminating GRC silos
- Maximized processes: Take advantage of common controls, workflows, and processes already in place, tested, and assured
- In-depth risk awareness: Consolidate and incorporate compliance risks into your enterprise-wide risk landscape
