The Increasing Importance Of Compliance
Historically, compliance was a fairly straightforward process. Before the digital era, all you really need to do to protect consumer privacy was ensure your on-premise data storage was secure. And that was usually as simple as locking your building.
But times have changed. In today’s ultra-data-driven world, it is crucial for businesses of all sizes to have proper information security systems in place. Without the proper security protocol to comply with current data protection regulation, your company’s financial and sales data is exposed to the possibility of getting stolen or leaked. Your company is at risk for other breaches, too.
In recent years, we’ve seen the high cost of breaches as household name brands faced them. They weathered those storms but faced a high cost, both financially and in terms of consumer trust. Small and medium-sized companies aren’t nearly as well positioned to survive a data breach. Between levied fines and lost customers, it’s a harrowing situation for many businesses to face. Fortunately, you can make significant strides away from that risk.
Compliance is not an area your business should take lightly. But that doesn’t mean you have to dedicate employee hours or significant resources toward it. Contact our compliance experts at The Tech Consultants to learn how we can help you comply with regulation, shore up your security protocols, and build customer confidence.