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By Aberdeen Group

The rise in importance of IT governance, risk management and compliance ("IT GRC") reflects the increasing recognition that the strategic value of IT lies not in the mere technology itself (which is generally accessible to everyone), but in how it is applied and managed most effectively. The point is not to be good at the process of compliance, or governance, or risk management for its own sake - the point is to harness IT more effectively in support of achieving business objectives and managing financial, strategic, and operational risks.

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HIPAA requires businesses that handle personal health information (PHI) to set up strong controls to ensure the security and integrity of that information.

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Attached is a white paper released by Microsoft discussing its Information Security management System and its alignment with ISO 27001.As you may all know eFortresses was the firm that was called in to build the ISMS for the GFS (Global Foundation Services) that was eventually certified to ISO 27001.This white paper clearly spells out the direction Microsoft is going and the importance of ISO 27001 in the industry.

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The general compliance deadline for 201 CMR 17 was initially set for January 1, 2009, but it has been pushed to January 1, 2010 in response to concerns3 from a variety of businesses large and small, industry organizations and other affected organizations.

Find out how to assess your small or midsize business and IT systems to make sure you have access to the right information at the right time, allowing you to make better, faster decisions.

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