Our Compliance as a Service (CaaS) provides our compliance driven clients the benefit of our experience in the day-to-day management and ongoing direction of your organizations Security Plan. Our team understands that most small business struggle when it comes to Compliance, specifically, the actual Governance of the security plan. For instance, working with our partner’s team to develop Policies and Procedures alongside the Security Officer, or developing the Incident Response Plans and or handling the non-disclosure agreements for your vendors. We will work with your team to develop these things and assist in driving the organizations culture.
Compliance management aligns organizational procedures and policies with specific rules, standards, and laws. It helps organizations apply the requirements relevant to their business, industry, and jurisdiction and ensure their staff follow these rules.
Compliance management involves setting and enforcing various mechanisms, including procedures, policies, internal and external audits, documentation, technological enforcement, and security controls. The goal is to ensure and verify compliance across the organization, demonstrate compliance to external auditors, and protect the organization from compliance risks including fines, penalties, and reputational damage.
- Increased Customer Confidence – Organizations that achieve regulatory compliance can indicate to stakeholders that they met specific standards and are certified by an official regulatory body. Following these regulations helps prove the organization’s ethics, integrity, and reliability, this strengthening the organization’s competitive position.
- Complying with Regulations – Regulatory compliance is mandatory for certain industries and jurisdictions. Each organization must comply with certain regulations within its business and economic landscape. 5/6 healthcare organizations and financial institutions, for example, must comply with data protection, consumer privacy, and cybersecurity requirements.
- Addressing Compliance Risk – Noncompliance with regulations may result in disciplinary action such as license revocations, lost customers, financial penalties and losses, and damaged reputation. An effective compliance program protects the organization against these risks.
- Improving Security – All organizations are exposed to the risk of cyber-attacks, security breaches, and consequential data loss. Complying with regulations and industry standards acts to tighten an organization’s security controls and improve its security posture. This reduces the risk of successful cyberattacks, which can cause major damage to an organization.
ULTIMATE IT BUYERS GUIDE
Midwest Small and Medium Business Owner’s Ultimate Guide To Managed I.T. Support, Security And Compliance