| With King III now here, there are a couple of basic requirements we all need to ensure are in effect. |
Some of the requirements introduced by King III include:
- The need for an annual integrated report that focuses on the impact of the organisation in the economic, environmental and social spheres
- A statement by the audit committee to the board and shareholders on the effectiveness of internal financial controls to be included in the integrated report
- The consideration of the strategic role of IT and its importance from a governance perspective
- The positioning of the internal audit as a strategic function that conducts a risk-based internal audit and provides a written assessment of the company’s system of internal control, including internal financial controls
- The governance of risk through formal risk management processes
Symantec products can help you achieve Governance, Risk and Compliance in your IT environment:
- Symantec Control Compliance Suite - provides the most comprehensive view of risk and compliance posture with a combination of point-in-time controls assessment and real-time monitoring of risks and threats and offers an end-to-end coverage of the IT compliance lifecycle.
- Symantec Data Loss Prevention - delivers a unified solution to discover, monitor, and protect confidential data wherever it is stored or used. Measurably reduce risk, demonstrate compliance and protecting customers, brand, and intellectual property.
- Symantec Critical System Protection - protects against day zero attacks, hardens systems, and helps maintain compliance by enforcing behaviour-based security policies on clients and servers.
- Symantec Enterprise Vault - the industry leader in email and content archiving, enabling users to store, manage, and discover unstructured information across the organisation.
|
|