Study: Almost half of companies surveyed reported an increase in compliance project spending. In North America, 41 percent of organizations reported the introduction of new regulations as a reason for increasing compliance expenses. In Asia Pacific, where J-SOX was recently enacted, this number was significantly higher at 55 percent. Most of the respondents rely on manual processes to achieve compliance, although manual processes and a lack of centralized control are “a recipe for spiraling costs,” the report says. More than two thirds of respondents said they maintain information about the status of their IT compliance controls in multiple spreadsheets.”]
Source: https://www.darkreading.com/analytics/compliance-costs-increasing-study-says