SAS 70

Aug 7 2008   7:06PM GMT

Do Risk Assessments increase profits? SAS 70 (part one)

Keith Harrell Profile: SAS70ExPERT

SAS70 audits are becoming a standard for any outsourced organization. As part of the audit process, a company must perform an internal risk assessment of the IT and business related risks. According to a recent survey of IT Executives, here are the top five areas of most concern:

 

  1. Security
  2. Systems management tools
  3. Virtualization solutions
  4. Product road map
  5. Power consumption

 

While power consumption was number five, I think that it has taken on great significance today than ever before. If you are paying $4.50 at your local gas dealer, then you can expect to continue to pay higher prices for electricity for your data center. What steps are you taking to conserve energy? Are you a part of a “green revolution?” From the component level, the server and rack level and up all the way to the datacenter, I would expect everyone is finding ways to cut costs, and increase profit. I think a risk assessment which reviews the operating details of your Company will assist you in meeting corporate objectives. Sas70expert@gmail.com

 

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