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Budget Squeeze: How to Maintain Security During a Recession

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%.

This article was written by: Information Security Magazine

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