Executive summary
Ensuring governance and compliance is a key organisational goal in 2024. That’s particularly true for Chief Information Security Officers (CISOs) and Chief Data and Analytics Officers (CDAOs). However, it’s yet to receive similar attention from CIOs. In fact, this priority has fallen from their number 6 priority in Feb 2023 to number 12 today.
Given as digital regulations continue deepen and tighten the focus for CIOs needs to turn to the actions that can help simplify compliance to find and mitigate risk as it exists within and external to the organisation. Streamlining process can pay multiple dividends, not least in complying with current regulations, but also to help the organisation adapt to the evolving regulatory landscape and in driving operational value more generally.
This report explores the specific actions associated with improving and integrating the processes involved in finding and mitigating these risks. It publishes contemporaneously with others in this set. The set includes:
- An ADAPT Market Trends that explores the overall journey to simplify compliance
- An ADAPT Tech Trends that shares those key insights.
- An ADAPT Overview that provides a quick take of the key actions and value.
- The ADAPT Primer into which this ‘chapter’ publishes.
With that, let’s now explore the current state, before turning to key actions/lessons learnt and what value can be targeted or preserved.