SAN DIEGO, Jan. 30, 2023 /PRNewswire/ — Drata, a steady safety and compliance automation platform, right now introduced the outcomes of its inaugural 2023 Compliance Tendencies Report, highlighting widespread ache factors, targets, and alternatives with safety and IT compliance packages. The report surveyed 300 IT and safety professionals in fast-growing organizations throughout the U.S.
From the American Institute of CPAs’ SOC 2 framework to ISO 27001 certification established by the Worldwide Group for Standardization, or the European Union’s GDPR legislation, necessities for knowledge safety are shortly changing into normalized, calling for corporations of all industries to repeatedly handle efficient compliance packages. In line with the 2023 Compliance Tendencies Report, 87% of respondents have confronted penalties on account of not having steady compliance, together with slowed gross sales cycles, safety breaches, enterprise interruption, lack of a enterprise relationship, a broken status, or fines. With restricted employees as a number one problem in sustaining compliance, the vast majority of survey respondents cite that growing budgets and automating processes would enhance their talents.
Drata’s analysis additionally reveals:
- 68% of respondents imagine compliance opens new enterprise alternatives or acts as a differentiator, whereas 32% view it as burdensome or only a checkbox
- 74% admit to vulnerabilities of their danger or safety packages that aren’t being addressed or lined as a result of a scarcity of bandwidth or sources
- For many who have already got steady compliance automated processes, the primary profit was the flexibility to simply entice new prospects (67%)
“It is clear to see that almost all IT and infosec professionals perceive the significance and worth of their compliance packages,” mentioned Adam Markowitz, Drata Co-Founder and CEO. “However with out correct budgeting and automation, they sadly really feel caught within the handbook administration of these packages, and that is the place long-term points come up and the place progress is finally prohibited.”
Please view Drata’s 2023 Compliance Tendencies Report for extra data.
About Drata
Drata is the world’s most superior safety and compliance automation platform with the mission to make compliance easy and accessible. With Drata, 1000’s of corporations streamline over 14 compliance frameworks—similar to SOC 2, ISO 27001, GDPR, and extra—by means of steady, automated management monitoring and proof assortment, leading to a robust safety posture, decrease prices, and fewer time spent getting ready for annual audits. The corporate is backed by ICONIQ Progress, Alkeon Capital, Salesforce Ventures, GGV Capital, Cowboy Ventures, S Ventures, Leaders Fund, Okta Ventures, SVCI, SV Angel, and lots of key trade leaders. For extra data, go to drata.com.
SOURCE Drata Inc.
