This is because banks in the world today maintain great amounts of personal data on employees and customers. Te other reason is the existence of technology proliferation. Te data thieves have become improved their inventiveness (Umar, 2004). Te businesses, hwever, hve not concentrated on keeping up on corporate policies, tols, taining, pocedures as well as compliance efforts. Te audit and control technology, hwever, hs been initiated by experts with the latest technology to provide the banks with comprehensive as well as pragmatic solutions as far as information security Te technology has a number of capabilities.
Oe of the capabilities is that the technology utilizes modern procedures and techniques in determining risk tolerance as well as its relationship with the entrepreneur’s infrastructure. Te technology’s procedures have been deliberated in a way that will minimize disruption of daily operations of the responsible individual. Te technology also has cell-level audit trails. Te technology’s software remotely monitors the files in the corporate file shares as well as in the share point document libraries (Moeller, 2010). Te technology is also capable of revision history of all the responsible individual’s files.
Tis is of great advantage to the entrepreneur since they are given an opportunity of comparing any two versions as well as restoring the prior versions. Aother major capability of the audit and control security technology is that it has automated internal controls. I offers the owner of the technology to automate the key controls for the cell level auditing, cange control, vrsion control, dties’ segregation, dta integrity, scurity and reporting. Tis means that the technology has a wide range flexibility owner can change it suit his or her specifications.
I also offers an improved level of efficiency. Te other capability is the technology’s web-based interface. Te administrative user interface of the audit and control technology resembles the SharePoint server interface and hence easily understandable (Linux-- 2005). I is easy for a person to argue that the cost of installing a data control technology is high. Hwever, mre funds end up into waste when trying to recover stolen or damaged data. A it was once said prevention is than cure, is better. ..
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