Compliance requirements threaten to become a major burden for business

More than half of companies questioned in a new survey are spending 40 percent or more of their IT security budgets on compliance. The research from Coalfire, a provider of cybersecurity advisory and assessment services, in conjunction with consulting firm Omida, also reveals that nearly 60 percent of companies view compliance as a barrier to enter new markets and prepare news services to meet compliance requirements. "The compliance landscape has changed dramatically over the last 10 years," says Adam Shnider, executive vice president, cyber assurance services at Coalfire. "Our research confirms that resource burdens have become unsustainable to the point… [Continue Reading]