Compliance as a service

What Is Compliance as a Service?

Compliance as a Service (CaaS) is a service model that allows third-party compliance experts to offer compliance implementation, management, and maintenance services to regulated companies in various industries, often such as healthcare, financial, and government. Such third-party compliance services come as organizations that offer experts in various regulatory compliance rules and regulations. Companies can outsource such third-party organizations to assist them in compliance-related activities, like…

• Assessing compliance risks
• Training staff
• Implementing the necessary controls

Also, CaaS today comes as software solutions that businesses can purchase to fully automate complex compliance-related tasks, offering a comprehensive compliance expert experience. Many cloud-based companies provide CaaS, offering subscription-based pricing models. They also leverage advanced artificial intelligence and machine learning to offer improved compliance expert capabilities and insights.

Compliance Services Offered through CaaS

Based on the industry, CaaS offers a variety of compliance services. The following are some of the common services CaaS provides.

• Compliance monitoring
• Testing products and services for compliance issues
• Continuous compliance risk assessment
• Providing coaching and mentoring for organizations
• Providing due diligence audits
• Automated compliance analytics and reporting

CaaS providers help ensure the organization fully complies with the required regulations, including information security, data privacy, and communication compliance.

How CaaS Helps with Cybersecurity Compliance

As businesses store and process more and more client information, meeting mandatory regulatory compliance requirements is also becoming more critical to ensure the safety and privacy of such data. A data breach can cripple the entire organization — and damage your public image. CaaS helps companies find loopholes in their cybersecurity strategy and address them with a better solution by implementing vital security controls like:

• Access controls
• Data encryption

Our cybersecurity services regularly monitor organizations’ critical data sources, which enables the business to quickly escalate cyber incidents and provide faster resolutions. Some CaaS providers offer security-related services such as incident response planning, security awareness training, etc. Therefore, CaaS helps to improve organizations’ overall security posture with minimal impact on their day-to-day business activities.

How Automated CaaS Solutions Work

Technologies behind today’s CaaS solutions involve several components, from automated data collection to generating advanced compliance reporting. This software helps to:

• Eliminate complex manual processes.
• Automate compliance-related tasks accelerating proactive compliance.

Automated CaaS solutions collect real-time data from companies’ data sources and compare them against global compliance rules to identify any mismatches or events that indicate possible compliance violations. Then, the CaaS solution can provide alarms and statistics indicating the companies’ current compliance posture.

The accuracy of such indications is highly dependent upon the quality of its data sources. Therefore, using the most up-to-date data in a single data repository is important.

Book a 26-minute call with our CISSP to get started. It's just that easy.  Pick a time.

Today, many organizations are governed by various types of industry regulations. To name a few: General Data Protection Regulation (GDPR), Health Insurance Portability and Accountability Act (HIPAA) and California Consumer Privacy Act (CCPA). These regulations are subject to regular and complex amendments, and many compliance officers expect proactive compliance from every regulated company. However, meeting regulatory requirements is challenging for today’s organizations due to their busy operational environments. Also, traditional approaches are no longer sufficient to address complex compliance needs. We provide comprehensive IT services that complement your compliance efforts by ensuring that your infrastructure is secure and compliant with industry regulations. In addition, we offer cybersecurity services to protect your business from data breaches and cyber threats. With these measures in place, your company can operate without worrying about potential vulnerabilities for businesses seeking hands-on support, our compliance implementation service integrates all necessary regulatory measures into your business processes. This ensures your compliance strategy is fully operational. We also provide compliance management, which involves ongoing monitoring of compliance status to prevent lapses. Additionally, our data security compliance services are designed to protect your most sensitive information while meeting the latest standards. Stay updated on compliance trends by checking out our blog, written by leading compliance experts, for regular insights and expert advice.

Schedule an Appointment with Our Compliance Experts

Choosing the right provider for compliance as a service is essential for safeguarding your business. Our team of compliance experts is ready to help you implement and manage a robust compliance strategy. Whether you need compliance implementation or long-term compliance management, we offer services that adapt to your business’s needs. Our managed cybersecurity services are available to further ensure your company’s protection from cyber threats. To learn more about how our tailored compliance as a service can help your business thrive, contact us today.