IT Vendors & Compliance: The Big Myth
The VAR Guy has moderated more than 30 or 40 IT events related to Sarbanes-Oxley, HIPAA and other types of corporate compliance. Over and over again, IT vendors attending the events claimed they could help customers comply with these regulations. But history shows that many IT vendors don’t even have their own houses in order.
The latest example: Intel says it may have lost emails related to the AMD anti-trust suit. Email backup and recovery is one of the most basic steps in an effective compliance strategy. Apparently, the chip giant lost the memo. Even big consulting companies with compliance practices have often failed to maintain internal compliance procedures. BearingPoint coms to mind as a key laggard in this area.
Update 3/7/2007: A judge has given Intel 30 days to attempt to recover as many lost emails as possible.