Compliance:
Rethinking IT Regulation.
A closer look at the importance of compliance to growing your business.
Compliance can be a major headache for small and medium-sized business (SMB) owners. Simply keeping track of — let alone complying with — the various rules and regulations that apply to your organization is a huge undertaking.
Without the same resources that larger firms can devote to compliance, your SMB can easily find itself getting crushed beneath the pressure of regulatory demands.
The 20 MSP is SOC 2 Type II Certified
The SOC 2 Type II certification is awarded to organizations that successfully demonstrate stringent controls and practices for managing and securing sensitive information. See full press release here.
The True Cost of Non-Compliance IT
When it comes to compliance, it can be tempting to cut corners to save your SMB time and resources — but it’s never a good idea.
Ignorance does not exempt you from the harsh penalties and fines your business will face if it’s found to be non-compliant.
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The Cost of a Single Violation |
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HIPAA |
$100 – $50,000 |
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CCPA |
$7,500 per intentional violation; $2,500 per unintentional violation |
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SOX |
Up to $5 million and 20 years in prison |
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PCI DSS |
$5,000 – $100,000 per month |
Multi-layer Cybersecurity is Key for IT Compliance
We’re happy to answer any questions regarding HIPAA or SOC 2 compliance. Contact us to schedule a FREE consultation!
