Governance, Risk & Compliance

What Is A Gap Analysis?

The process of identifying which compliance needs to be improved can begin with a gap analysis. This is an important step in any project, but it`s only one piece among many towards achieving the goal for your organization (and reaching data protection). The more planning you do before starting out on this journey - by investing properly now- will ultimately yield better results when trying close those gaps later down road!

The Benefits Of A Gap Analysis

A gap analysis should enable you to know:

Where you currently stand regarding complying with a regulatory requirement
What the gaps are
What you need to do to close the gaps and get closer to fully complying with the identified regulatory requirements

The Scope Of A Compliance Gap Analysis

The goal of a gap analysis is to identify any information that may be relevant and assist in filling the gaps. The scope can vary depending on what your organization needs, but it should always cover all areas where there could potentially been an issue with processing/movement through their system; this includes both technical issues as well those related strictly policy-based ones (e..g., privacy). It`s important not just because you want answers – though certainly getting them helps! --but also so we know how to best address whatever problems come up next time around if they arise again.

What are you doing the analysis on?
What are you trying to comply with?
What level of gap analysis?
What is the best process for your organization?
What method, process and tools are we going to use?