Compliance management software helps you meet industry standards

Failure to meet industry regulations exposes businesses to serious security threats that could lead to irrevocable reputational damage, legal consequences and steep financial penalties. In fact, the cost of non-compliance in Australia can be as much as 30% of your company’s turnover from the breach period - a cost no organisation wants to bear. 

But equally, navigating the regulatory landscape can feel like being stuck in an unsolvable maze for professional services firms. That’s where compliance management software steps in to save the day: it empowers you to meet constantly evolving regulatory requirements by embedding the cybersecurity frameworks into your practices that help ensure compliance. 

The 4 most common cybersecurity frameworks

Cybsersecurity frameworks provide guidelines that enable you to safeguard sensitive data, maintain client trust, strengthen your security posture and avoid hefty fines from breaches. Here are the most common cybersecurity frameworks relevant to professional services firms: 

1. The Essential Eight framework developed by the Australian Cyber Security Centre (ASCS) helps Australian businesses temper cybersecurity threats and data breaches. This framework has eight basic mitigation strategies under three different objectives: to prevent attacks, limit attack impact and increase data availability. 
2. Center for Internet Security (CIS) Controls are designed to safeguard business systems from common threats, specifically targeting a disruption to the cyberattack lifecycle. It has recently been updated to align more with the latest digital trends, including more remote working, greater cloud usage, more mobile endpoints and so forth. 
3. Systems and Organisation Controls 2 (SOC2) is a security framework that demonstrates how companies should manage customer data stored in the cloud. The requirements to manage and store customer data based on security, availability, processing integrity, confidentiality and privacy. 
4. ISO/IEC 27001 is the world's most commonly known standard for information security management systems (ISMS). It provides guidance to establish, implement, maintain and continually improve information security systems to ensure that your business is proactive in the face of risk. 
   
   

Why you need compliance management software

The right compliance management software can play a crucial role in helping your firm meet regulatory requirements efficiently and effectively. Here are some of the key benefits of smart compliance management software: 

Automate time-consuming audit reports

Compliance management software uses automation to collect, report and audit data to help you more clearly demonstrate your adherence to industry regulations. With SureDeploy, for example, you can view device compliance at the click of a button to identify potential issues or gaps in your compliance activities. This proactivity helps you spot issues quickly and prevent regulatory violations before they occur.

Get real-time information on your compliance status

On top of automated reports, the right software should also give you access to visual dashboards with in-built policies. With a solution like SureDeploy, you can choose from a library of 800+ pre-built policies or customise your own security and compliance policies to fit your organisation's needs. These can be integrated into dashboards that give you a clear view of your compliance status, housing data in a single, easy-to-access platform with real-time updates. This means that any deviations or issues can be addressed promptly, reducing the risk of non-compliance. 

Improve your security posture without adding headcount

Your compliance management software should give you an added layer of accountability and assurance, without burdening your IT team or adding headcount. SureDeploy’s software enforces security strategies, and continuously assesses your organisation's regulatory position for you, freeing up your IT team to focus on more strategic work. This boosts confidence among stakeholders, including clients, partners and regulatory authorities which also helps to maintain trust and credibility in the market. 

Compliance is a non-negotiable in modern business, so it pays to have a system you can depend on. SureDeploy’s  compliance management software will safeguard your data from cyber-attacks, empower you to maintain client trust and avoid non-compliance implications. 

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