Compliance: A Growing Requirement For All Businesses
Data security entails more than protecting your company’s files. Businesses are increasingly subject to data compliance requirements to protect individuals’ privacy and personal information. Some of these mandates are sector-specific and therefore reasonably well-known, such as HIPPA requirements in healthcare, SEC regulations for publicly traded companies, and confidentiality compliance rules for law firms.
However, some regulations apply to nearly every business. For instance, any company that accepts payments via credit card must comply with PCI data security standards, and each card brand imposes its own regulations. Failure to comply with these standards can leave you liable. You could face fines and severe penalties if your customer’s data is stolen. That means you’re on the hook In this digital age, such regulations often include a substantial IT component. If you lack dedicated IT support or your team hasn’t addressed compliance issues, your company and clients could be at risk. Smooth-IT has experts and specialists who can help you become compliant so that your business adheres to proper regulations. We can also monitor the compliance regulations in your field to ensure that you stay up to date. Working with you, we’ll implement the necessary protocols or audit your existing systems, including software, security measures, procedures, and policies. We’ve got you covered.