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The Importance of Security and Compliance in Enterprise Applications

OTS Solutions

However, as more organizations rely on these applications, the need for enterprise application security and compliance measures is becoming increasingly important. Breaches in security or compliance can result in legal liabilities, reputation damage, and financial losses.

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Laika laps up $50M for its automated security compliance platform

TechCrunch

Compliance with privacy and security frameworks like SOC 2, HIPAA and GDPR has become a central component not just of how organizations build trust with their users, but of how organizations work together these days: fail to meet the requirements of these frameworks, and you might lose your business relationship. See here and here.).

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Camelot Secure’s AI wizard eases path to cybersecurity compliance

CIO

Cybersecurity company Camelot Secure, which specializes in helping organizations comply with CMMC, has seen the burdens of “compliance overload” first-hand through its customers. To address compliance fatigue, Camelot began work on its AI wizard in 2023. Myrddin uses AI to interact intelligently with users.

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Why CIOs back API governance to avoid tech sprawl

CIO

But APIs do more than support next-generation technologies — they already serve a foundational purpose within most enterprises. As enablers for the integration of data and business services across platforms, APIs are very aligned with current tech trends,” says Antonio Vázquez, CIO of software company Bizagi.

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Stripe has laid off employees behind TaxJar, a tax compliance startup it acquired last year

TechCrunch

Stripe has laid off some of the employees who support TaxJar, a tax compliance startup that it acquired last year, TechCrunch has learned from multiple sources and firsthand documentation. That move came just a month after its closest competitor, Fast, shut down due to high burn. billion in July of 2021 to $6.7

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AI-powered building design platform BeamUP emerges from stealth with $15M

TechCrunch

If teams don’t do their due diligence, they risk omitting from design documents important mechanical equipment, like exhaust fans and valves, for example, or failing to size electrical circuits appropriately for loads. They’re also becoming huge carbon hogs, consuming roughly 40% of all energy used on the planet.

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SAP faces probe in the US over alleged price fixing in government contracts

CIO

German software giant SAP is under investigation by US officials for allegedly conspiring to overcharge the US government for its technology products over the course of a decade. Federal agents have searched Carahsoft’s offices in Washington, DC, and the DOJ is reviewing court records filed in Baltimore.