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International Business Times
International Business Times
Business
Callum Turner

The Spreadsheet Compliance Crisis: Why Regulated Industries Are Finally Modernizing GRC

(Credit: Toni Meyer)

Across regulated industries, compliance programs often run on the same platform accountants and bookkeepers have used for decades: a spreadsheet. What began as a practical solution to track activities has become a structural quagmire and a cybersecurity vulnerability.

Toni Meyer, Director of Product Development at SBS CyberSecurity, explains, "No one has a complete, real-time view of compliance status. This makes it nearly impossible to confidently answer a simple question like, are we compliant right now?" That lack of visibility, she adds, is central to the problem.

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