Compliance Management
Why is Compliance Management Important?
Compliance Management is a crucial aspect of any business, particularly those in regulated industries. It involves ensuring that an organization is following all relevant laws, regulations, and standards. Failure to comply with these requirements can result in hefty fines, legal fees, damage to reputation, and even the closure of the business. Additionally, non-compliance can lead to security breaches and data loss.
This is why Compliance Management is so important. It helps businesses stay on top of their legal obligations and ensure that they are meeting all the necessary requirements. It also provides a framework for data protection and cybersecurity. By implementing an effective Compliance Management program, businesses can minimize the risk of cyber attacks and data breaches.
At WOM, we understand the importance of Compliance Management for businesses of all sizes. Our exclusive offering, Confidence as a Service™, provides a comprehensive and scalable solution for Compliance Management. This includes risk assessments, gap analysis, policy development, training, and ongoing monitoring and support. Our team of experts works closely with clients to ensure that they are meeting all legal requirements and that their data and systems are secure.
By partnering with WOM for Compliance Management, businesses can have peace of mind knowing that they are fully compliant and protected from potential legal and cybersecurity risks.
Compliance Step 1:
Understanding what regulatory standards and rules apply to your business
FTC Safeguards Rule (GLBA)
financial institutions that collect, maintain, or process consumer financial information
Payment Card Industry Data Security Standard (PCI DSS)
Applies to businesses that process, store or transmit credit card information
Health Insurance Portability and Accountability Act (HIPAA)
healthcare providers and insurers who collect, store, or transmit electronic protected health information
Cybersecurity Maturity Model Certification (CMMC)
defense contractors, subcontractors, manufacturers, research institutions, and suppliers handling DoD information must comply with CMMC.
National Institute of Standards and Technology (NIST) Cybersecurity Framework
any organization that handles, processes, or stores sensitive or confidential information
California Consumer Privacy Act (CCPA)
companies that do business in California and collect or process personal information of California residents
Family Educational Rights and Privacy Act (FERPA)
educational institutions and agencies that receive federal funds and handle student education records
General Data Protection Regulation (GDPR)
companies that collect, store, or process personal data of EU citizens, regardless of location
Sarbanes-Oxley Act (SOX)
all publicly traded companies in the United States, as well as their accounting firms
Children’s Online Privacy Protection Act (COPPA)
businesses that collect personal information from children under 13. This includes websites, apps, and online services directed at children
World-Class Services. Worldwide Support. American Made.
Clients of WOM Technology Management Group have all of the advantages of 24-hour, 7 day a week, 366 days a leap year support anywhere in the world. From our headquarters in Hobe Sound, Florida, we can put boots on the ground ANYWHERE in the United States and provide industry-specialized help desk support for all small business applications and solutions ANYWHERE on the globe.
Meet With Our Team
The perfect partner for your existing IT support:
Confidence as a Service™ is a comprehensive approach to cybersecurity and compliance that can be integrated with any IT managed services provider or internal help desk as a co-managed solution. This approach is designed to provide redundancy and fill in the gaps to strengthen or fix existing solution models, helping to improve overall cybersecurity and compliance for businesses of all sizes.
By working in tandem with existing IT support providers, internal help desks, and other solution providers, Confidence as a Service™ can provide a comprehensive solution that takes into account all aspects of cybersecurity and compliance. This co-managed solution helps to ensure that all cybersecurity and compliance needs are met and that there are no gaps or vulnerabilities in the system.
Furthermore, this approach provides an additional layer of security and compliance oversight, helping to improve overall risk management and reduce the risk of cyber threats and data breaches. With Confidence as a Service™, businesses can feel confident that their cybersecurity and compliance needs are being met, without the need for extensive in-house expertise or resources.
