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Corporate Social Responsibility
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6.27.2008 - 02:47pm ET
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OCEG & Network Frontiers Collaborate to Expand Unified Compliance Framework
(CSRwire) PHOENIX, AZ and OAKLAND, CA - June 26, 2008 - The Open Compliance & Ethics
Group (OCEG) and Network Frontiers, a leader in IT regulatory compliance
management, today announced a partnership to deliver the 2008 Unified
Compliance Framework (UCF) a product of Network Frontiers at discount to
OCEG members. The partnership will offer the latest version of the UCF's
cross platform regulatory management controls at a substantial discount to
OCEG members based on their level of participation in OCEG. UCF has mapped
thousands of controls from Sarbanes-Oxley, HIPAA, CobiT, FERC, Basel II,
PCI (Payment Card Industry) data standards and many others across the
globe, into a master hierarchal framework.
"The UCF harmonizes IT controls from over 400 international regulatory
requirements, standards, and guidelines from both technical and legal
perspectives," said Dorian Cougias, CTO of Network Frontiers. "Rather than
testing and asserting compliance for each individual regulation, IT
organizations use the UCF to save time and money by distilling compliance
requirements to their essence and asserting compliance across multiple
authority documents simultaneously."
"OCEG is delighted to work with Network Frontiers to offer the latest IT
UCF components to our members at a special discount," said Scott Mitchell,
CEO of OCEG. "Compliance requirements are constantly changing and growing,
and the UCF continues to increase the breadth and depth of legal coverage
of technical requirements. Our members will benefit from low-cost access
to UCF's comprehensive and harmonized approach to mapping common controls
across regulatory authorities and authority documents."
The UCF organizes IT processes into 12 IT Impact Zones. Each zone
identifies one area of policies, standards, and procedures, such as Audits
and Risk Management or Systems Continuity. Within each IT Impact Zone, an
organization can map overlaps between multiple authority documents, create
a control list for each impact zone, and clarify conflicts created by
overlapping authority documents.
"The Unified Compliance Framework supports IT compliance management by
focusing on commonalities across regulations and applying a standardized
control structure" according to Lane Leskela, OCEG Vice President of
Technology Programs. "Unified Compliance's approach to IT compliance is
highly compatible with OCEG's focus on the development and delivery of
global standards in governance, risk and compliance management that reduce
cost, limit liability, and leverage the value of related technologies and
services across organizations."
About the Open Compliance & Ethics Group
OCEG is a nonprofit organization that provides:
Common Governance, Risk Management and Compliance (GRC) language and
structure - a Framework that can be followed to assess risks then design
and evaluate controls for them;
Compliance Metrics - Measurements to ensure performance aligns with
company objectives;
Online Access - a searchable database that provides ready access to
key legal requirements (and to the laws and regulations themselves),
clearly stated practices to aid with compliance, and tools and resources
to make the process easier;
A community of practice to share ideas, ask questions, and benchmark
against peers. OCEG helps organizations drive Principled Performance(TM).
For more information about OCEG, visit www.oceg.org
About Network Frontiers
Since 1992, Network Frontiers has been at the forefront of IT best
practices and author of numerous books, including The Compliance Book and
the award-winning Backup Book: Disaster Recovery from Desktop to Data
Center. The content and methodology of the Unified Compliance Framework is
the result of Network Frontiers in-depth understanding of IT regulations
and standards as well as real-world experience consulting for clients,
publications, and vendors in the mission-critical IT arena. For more
information, visit www.netfrontiers.rsvp1.com/s1dbb557qlh.
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