Resources for Federal Financial Institutions Examination Council (FFIEC)

Learning to love regulatory compliance auditors

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Companies working to achieve passing grades in their regulatory compliance audits can greatly improve their ability to meet the requirements if they can somehow bridge the cultural gap that commonly exists between IT workers and those hired to apply the tests, according to a panel of industry leaders.

Taking the stage at the ongoing Security Standard Conference in Chicago, the collection of seasoned compliance and auditing specialists called for an end to the turf war that tends to materialize when internal and external auditors begin running their reports.

By fostering a more cordial relationship between IT departments and auditors, and pushing the groups the engage in more comprehensive exchange of ideas, businesses may be able to lessen the pain typically associated with allowing for the systems assessments.

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