Wednesday, October 25, 2006

Brabeion says its platform cuts regulatory compliance costs

Brabeion Software, a provider of IT security risk and compliance management software, announced the availability of Compliance Manager, a platform that aims to help companies maintain awareness of government regulatory compliance.

Compliance Manager uses a customer's existing vulnerability management and change and configuration management systems to collect, compare and report their actual compliance status. The software, claims Brabeion, helps organizations reduce their costs of regulatory compliance by up to 60%.

How? Instead of hiring a consulting firm's services, Brabeion said companies could just use their product.

Take note though that while Brabeion is a young company, it's no lightweight. Brabeion is an independent company formed by PricewaterhouseCoopers (PwC), the largest professional services firm. The spin-off's platform is powered by the same information risk and audit content developed by PwC.

According to Brabeion, Compliance Manager complements the Compliance Center, another of the company's product that is said to connect policy and compliance state for information assets. Embedded within the Compliance Center is IT-audit content that lets organizations tie their compliance state directly to documented policies and controls, customized for their business environment, or use their own internal policies and controls as their benchmark.

Brabeion said Compliance Manager is designed for companies that face an almost continuous audit cycle, whether from Sarbanes-Oxley, industry-specific, or business partner audits. Setting its sights beyond companies, Brabeion added that internal and external auditors could use Compliance Manager to examine specific controls and view the current status of specific assets and any required remediation efforts.

Compliance Manager lets organizations keep track of compliance with regulations and control frameworks such as SOX 404, HIPAA, FISMA, GLBA, PCI, CA SB1386, 21 CFR Part 11, ISO 17799, and NIST 800-53 COBIT.

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