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Crystal ball gazing: a big year ahead for compliance and regulations.
Filed in archive Compliance by leon on January 2, 2006
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Expect the compliance treadmill is about to slow down? Think again. '06 and '07 are set to be big years for monitoring, record keeping and re-engineering of processes across businesses. Privacy and data retention will be just two of the drivers for the boom in regulations, according to new forecasts.

It means that in a shrinking jobs market, IT professionals will have to hone their skills in regulatory requirements and business know-how, says research firm Gartner.

Not that any of this will stop fraud or malfeasance. Expect at least one multi-billion dollar fiasco for 2006, warns the International Herald Tribune.

Might be a concern for anyone running a business but it's great news for lawyers, accountants and bureaucrats.

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Tags: compliance  predictions  data  retention  privacy  Gartner 
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