A solid majority of compliance departments in Corporate America still rely on standard Microsoft products to manage their governance, risk, and compliance chores, despite the notorious security weaknesses Microsoft can pose, according to an exclusive Compliance Week study.
The survey of 386 compliance, risk, and audit executives, conducted by Compliance Week and the software firm Paisley, found that 59.2 percent used Microsoft Word, Excel, or some similar program for tasks such as policy documentation, policy sign-off, risk assessments, and the like. Another 12.8 percent reported using no software tool at all, and 10.8 percent said they used some internally developed program. ...