Compliance management is the ongoing process of monitoring and assessing systems to ensure they comply with industry and security standards, as well as corporate and regulatory policies and requirements.
This involves infrastructure assessment to identify systems that are noncompliant due to regulatory, policy, or standards changes, mis-configuration, or any other reason.
Compliance management is important because noncompliance may result in fines, security breaches, loss of certification, or other damage to your business. Staying on top of compliance changes and updates prevents disruption of your business processes and saves money.