June 2006 Survey: Compliance Spending is Leveling Off - ' Many more companies report ' (
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full compliance with recent regulations than did last year.">
Many more companies report full compliance with recent regulations than did last year.
Eighty percent of respondents' companies are in full compliance with the major regulations that have come down the pike in recent years, with the exception of Sarbanes-Oxley. Two percent or fewer say they are not in compliance at all with Sarbanes, HIPAA, the USA Patriot Act or Gramm-Leach Bliley. Sarbanes-related work will continue to be a focus for many companies. IT executives at small companies who thought—wrongly, as it turns out—that these rules would be loosened for them will need to reconsider their spending plans.
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Read our previous surveys on compliance:
Compliance 2005: Is Automating Compliance a Waste of Money?
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