IBM buys risk management firm
US-based technology giant IBM has confirmed its acquisition of Consul Risk Management, a Dutch maker of security and compliance products, reports India's Tech Wack.
The acquisition will aid IBM in filling out its portfolio of IT management software. Consul specialises in developing software that aids companies to monitor system access, automate compliance reporting, secure mainframe computers, and catch unauthorised database usage.
The two companies did not disclose the financial aspects of this deal. Consul's customers include big names like Fidelity Information Services, Ford Motor Company, and the Philadelphia Stock Exchange.
Beyond Sarbanes-Oxley
The Sarbanes-Oxley (SOX) challenge has reached deep into the IT department, reports the Sarbanes-Oxley Compliance Journal.
Paresh Amin, senior director of security and compliance at Tizor Systems, says this is because virtually all corporate financial information is electronic, living in databases and other data stores throughout the data centre. Ensuring the integrity of those data stores and the data they contain is crucial to SOX compliance.
The challenge for the IT department is not simply doing its part to achieve SOX compliance. In many cases, it's understanding precisely what the role of IT is - and how it fits into a larger corporate strategy of business integrity. Despite the intense focus on SOX, it really is part of a larger issue - one that IT is integrally involved in: enterprise data governance, he says.
CEOs must push for better IT governance
In a grave warning to governments and businesses to improve information systems audits and controls or be ready for increasingly serious threats, ISACA, an international body of IT governance professionals has called for concerted pro-active action from CEOs in the Arabian Gulf region, reports AME Info.
The organisation, which recently celebrated its 10th anniversary, last week held a regional conference at which it examined this issue.
Calling for a better understanding of IT governance issues and an increase in resource allocation for this critical function, ISACA has urged business and government leaders to recognise the importance of IT governance as an integral part of the broader corporate governance framework.
ITGI warns of holiday risks
The many people receiving computers need to be aware of a more dangerous form of spying that can hit their pocketbook, reports Newswire.
To aid people enjoy their new computers and protect them from hackers, spyware, viruses and other threats, the non-profit, independent IT Governance Institute (ITGI) has offered a selection of tips.
The tips include immediately installing a reputable anti-virus program and firewall on the computer and signing up for automatic updates and maintenance on the security software.
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