FFIEC News

Zellerent Launches Free Compliance Readiness Assessment

(April 9, 2007)--Zellerent a information technology consulting firm that specializes in Business-Driven Compliance and Business-Driven Security , has announced the immediate availability of an online Compliance Readiness Assessment. Designed for enterprises facing new and ongoing compliance requirements related to Sarbanes-Oxley (SOX), CA SB1386, GLBA, 21CFR11, PCI DSS, ISO27001 and HIPAA, the Assessment estimates the gap between an organization's current and mandated level of compliance. The Assessment is free of charge, private and available immediately on Zellerent's website at www.zellerent.com.

The need to close the compliance gap has never been greater. The media have reported that 84% of CIOs have failed to implement enterprise-wide encryption strategies, and that 52% do not have an identity and access management system capable of dealing with insider threats. Another industry study found that 70% of corporate websites had major security vulnerabilities. Zellerent CEO Roby Jacob commented, "The risk is massive. Companies without enterprise encryption strategies, identity and access management systems, or secured websites will almost certainly fail their compliance audits. The result will be millions of dollars in expenses and human productivity down the drain."

The Compliance Readiness Assessment reflects Zellerent's philosophy of Business-Driven Compliance and is customized according to industry, organizational role and department. It can be used by firms in all vertical markets, but it is particularly suitable for compliance-intensive ones such as biotechnology, pharmaceuticals, medical devices and mid-market financial institutions. The Assessment is based on real-world experience and enables CEOs, Chief Compliance Officers, Chief Privacy Officers, CFOs and CIOs to immediately estimate the magnitude of their compliance gap privately, online and at no charge.

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