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Perhaps no one knows better the growing complexity and depth of compliance issues than Michael Rasmussen, vice president and analyst in Forrester's IT Management & Services research group. He's worked in this arena for more than 12 years, and believes that compliance, as part of enterprise risk management, is an evolving role, with focus in risk management shifting from almost exclusive emphasis on financial risk to growing emphasis on operational risk.

In this interview with Tom Parish, Rasmussen provides an overview of the 500-lbs.-and-growing issue of regulatory compliance, and discusses what he calls The Seven Habits of Highly Effective Compliance Programs. (Some items on his list include documenting policies and procedures, ensuring that you train your employees on IT compliance, and exercising caution about which employees have access to sensitive information and processes.) He also shares what he sees as the biggest pitfalls for companies when it comes to compliance, and what an organization should do if a compliance violation does occur.

Join Tom Parish for an information-packed discussion with an expert who knows compliance, knows business, and knows that today's enterprise must, and can, move forward in this complicated and sensitive environment.

Resources

Forrester's IT Forum 2006: GigaWorld

Security Forum 2006

Bio

Michael Rasmussen is a vice president and analyst in Forrester's IT Management & Services research group. A risk professional with more than 12 years of experience, Michael advises clients around the globe on issues pertaining to enterprise risk and compliance management as well as public policy, legislation, and regulation. His research spans areas of risk management that include strategic, reputation, financial, and operational risks. He covers compliance -- as a component of operational risk -- from the enterprise perspective to assist organizations in centrally managing and overseeing compliance to a range of regulations across industry verticals. His goal is to provide research that assists organizations in identifying best practices, trends, services, and technologies to improve their oversight of enterprise risk and compliance.

Production Credits

Dana Farver, Executive Producer, Communities Editor-in-Chief
Tom Parish, Audio Producer, Show Host
Kimberly Stone, Web Development Manager
Scott Ebner, Web Developer