With New Year & New U.S. Administration, New Compliance Actions Projected
The lack of effective or consistent regulatory oversight over the past 8 years, much of which is blamed in large part for the current economic mess, means, at least to many soothsayers, that a new Obama administration will bring with it not only more aggressive compliance activities, but also a fresh round of new laws and regulations, many of which are anticipated to require much more audit logging, storage and retention, and more stringent access controls.
"Obama, Dems Could Mean New Compliance Regs: The global financial meltdown and Democratic control of the White House and Congress will likely mean new corporate accountability regulations -- and more work for storage administrators" is an interesting article about this topic.
A very interesting concept covered in this article is the likelihood of a "compliance tax."
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