Effectively managing compliance and governance in a cloud environment is challenging due to its inherent complexity, dynamic nature, and the prevalence of multi-cloud and hybrid setups. Security risks, automation, and human error are constant concerns. Organizations must employ comprehensive strategies that incorporate tools, automation, regular audits, and cross-functional collaboration to strike a balance between cost control and compliance while ensuring the security and integrity of cloud resources.
Challenges in compliance and governance
Let us understand some of the most common challenges in effective compliance management and governance:
- Regulatory complexity: The ever-evolving regulatory landscape presents a major challenge. Navigating complex and frequently changing regulations can be daunting for organizations.
- Data security and privacy: The increasing frequency and sophistication of cyber threats make it challenging to protect sensitive data and maintain compliance with data protection and privacy regulations.
- Cross-border operations: Organizations operating in multiple jurisdictions must contend with differing regulatory frameworks, adding complexity to compliance efforts.
- Resource constraints: Many organizations face limitations in terms of financial and human resources allocated to compliance and governance activities.
- Legacy systems: Outdated technology and legacy systems hinder efficient compliance management. Modernizing these systems without disrupting operations is a significant challenge.
- Cultural shifts: Building a culture of compliance throughout an organization is also challenging. Ensuring that employees at all levels prioritize compliance is an ongoing effort.
- Third-party risks: Relying on third-party vendors and partners at B2B collaborations at the infrastructure level introduces compliance risks. Organizations must carefully monitor these third parties to ensure they meet compliance standards.
These are some of the most common challenges experienced by organizations while trying to meet compliance requirements. Let us now briefly recall how CSPM can be a proven boon for organizations in addressing these challenges and help achieve good scores in compliance management.