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Electronic Export Compliance

Key Takeaways

⇨ Regulatory Compliance Challenge: The A&D industry faces unique challenges in complying with ITAR and EAR regulations, risking penalties for inappropriate disclosure of sensitive data.

⇨ Integrated Compliance Solution: NextLabs and SAP provide a solution that integrates identity management, information access control, and export license management to ensure secure handling of technical data and regulatory compliance.

⇨ Comprehensive Auditing and Reporting: The solution offers detailed audit trails and reports, enabling companies to monitor and demonstrate compliance with export regulations effectively.

Explore how the complicated yet critical issue of ITAR and EAR compliance in the export of technical data can be addressed by SAP GRC Global Trade Services powered by NextLabs Information Risk Management software.

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INAPPROPRIATE DISCLOSURE OF TECHNICAL DATA

The Aerospace and Defense (A&D) industry faces a set of unique information security challenges in order to comply with ITAR and EAR export regulations. ITAR and EAR regulations impose fines and penalties for
inappropriate disclosure of controlled information, e.g. data of importance to national defense.

Satisfying ITAR and EAR regulations is a major challenge for A&D firms, especially those with global presence, mobile workers, offshore operations, joint ventures, and extensive collaboration or supply chains. Guidelines or
standards around key concepts like deemed exports are loosely defined.

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NextLabs® and SAP® have teamed to provide a solution that helps A&D firms comply with ITAR and EAR export regulations.

The solution protects information within the enterprise, ensures compliance with export regulations when dealing with global suppliers, and restricts access to controlled information to authorized users, and provides detailed reports to demonstrate compliance and support audits.

Download the Whitepaper Here

 

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