Budget squeeze: How to maintain security during a recession
Learn how the Depository Trust and Clearing Corporation is keeping information security costs in check by automating processes with the Archer SmartSuite Framework.
The Depository Trust and Clearing Corporation (DTCC) isn't backing down on information security innovation in the face of a troubled economy. Instead, the company is using technology for knowledge management and automation. DTCC relies on the Archer SmartSuite Framework, a platform for governance, risk and compliance management from Archer Technologies, to:
* Optimize workflow processes
* Gather and share documents
* Respond to requests for additional information from regulators and auditors
In this article from Information Security Magazine, you'll learn how DTCC has cut the cost of vendor site assessments from $300,000 in 2007 to $1,100 in 2008, and how DTCC's Chief Information Security Officer has reduced his time spent demonstrating due diligence from 35% to 15%.
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