Compliance as a Service

Statistics


  • Boosts Security. Having a robust compliance program helps avoid security breaches, fraud, waste, discrimination, and other issues that could put your company at risk.

  • Builds Customer Trust. When customers know a company complies with high legal and quality standards, they’re more likely to trust the brand and purchase its products or services.

  • Increases Business Revenue. When a company demonstrates compliance, other businesses are more likely purchase a high volume of its products, allowing it to increase its business-to-business operations.

  • Protects Against Lawsuits. Complying with laws and regulations protects organizations from lawsuits – whether brought by the agency or someone else (e.g., the public).

  • Avoids Fines and Penalties. When federal or provincial agencies find a company in violation of a law, they can impose fines and penalties.

Compliance Services

Compliance refers to the collection of processes and organizational procedures that are implemented to ensure entire organizations adhere to internal conduct rules and external regulations.

  • 1. Boosts Security. Having a robust compliance program helps avoid security breaches, fraud, waste, discrimination, and other issues that could put your company at risk.
  • 2. Builds Customer Trust. When customers know a company complies with high legal and quality standards, they’re more likely to trust the brand and purchase its products or services.
  • 3. Increases Business Revenue. When a company demonstrates compliance, other businesses are more likely purchase a high volume of its products, allowing it to increase its business-to-business operations.
  • 4. Protects Against Lawsuits. Complying with laws and regulations protects organizations from lawsuits – whether brought by the agency or someone else (e.g., the public).
  • 5. Avoids Fines and Penalties. When federal or provincial agencies find a company in violation of a law, they can impose fines and penalties.


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Statistics Ransomware attacks grew by 41% in 2022 The cost of cyber crime has risen 10% in the past year The average cost of a data breach in the United States in 2022 was $9.44 million There are 2,200 incidents per day on average Most targeted industries: healthcare, finance, retail, education, energy, government, & manufacturing Source: https://connect.comptia.org/blog/cyber-security-stats-facts