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Food for Thought When Picking a Compliance Solution Part 2/2
In part 1 of this blog series, we explored a few key factors that businesses would do well to consider before selecting a compliance solution that can adequately meet their needs. Automation is an additional capability you must consider bolstering your compliance...
Food for Thought When Picking a Compliance Solution – Part 1/2
Having a compliance management system in place is critical in to ensure that your business meets compliance regulations and can demonstrate compliance measures. Research indicates that most firms must comply with 13 different IT security and privacy regulations. Every...
What’s the Deal with Data Compliance for Retailers?
Online shopping has risen in popularity because of the convenience of the entire experience. The pandemic has rendered this activity all the more common place with shoppers restricted to their homes. In the past year alone, ecommerce has witnessed a growth over 35% as...
Everything You Need to Know About Enterprise Compliance
In simple terms enterprise compliance is a consolidated effort towards compliance that encompasses several business units and geographies belonging to one organization. It is built from the top down and spans sensitive data covering for people, process and technology...
Holistically Incorporating Risk and Compliance Management in the Financial Sector
Compliance regulations for financial services and institutions span a financial spectrum ranging from investment banking to retail banking practices. Governance, risk and compliance for the financial sector is crucial to safeguard to protect critical systems from...
The Importance of Data Compliance in the Healthcare Industry
The healthcare industry has streamlined its patient management processes by digitizing patient medical records and information. As a result of this digitization healthcare institutions face new threats in the form of hackers who seek to compromise a patient’s right to...
How Much GDPR Fines Can Cost Companies
The General Data Protection Regulation (GDPR) is a relatively new piece of legislation for digital privacy of European Union (EU) citizens that came into effect in May 2018. Simply put it is one of the most stringent data privacy and security laws requiring any...
The True Cost of Compliance
Data compliance entails meeting any regulations that an organization must follow in order to protect sensitive data (typically personally identifiable information and financial data) against misuse, theft or loss. These regulations vary across geographies and may be...
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