How Data Compliance Solutions Can Help Your Business? - PowerPoint PPT Presentation

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How Data Compliance Solutions Can Help Your Business?

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Privacy is a fundamental human right. With increased data breaches and malware threats, regulatory data compliance is becoming more complex and stricter. Maintaining pace with the innumerable data compliance laws and regulations can be challenging, let alone implementing measures to minimise the risk of non-compliance. – PowerPoint PPT presentation

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Title: How Data Compliance Solutions Can Help Your Business?


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  • Privacy is a fundamental human right. With
    increased data breaches and malware threats,
    regulatory data compliance is becoming more
    complex and stricter.
  • Maintaining pace with the innumerable data
    compliance laws and regulations can be
    challenging, let alone implementing measures to
    minimise the risk of non-compliance.
  • The draconian penalties for non-compliance have
    not just made businesses lose millions of dollars
    but also brand credibility.
  • As a result, organisations are now focused on
    adhering to the data compliance obligations
    stated by regulatory authorities like GDPR,
    HIPAA, PCI DSS, CCPA, SOX, etc.
  • Fostering good governance within your corporate
    culture is a vital step to maintain data
    compliance. If youre prioritising your client
    and employee well-being through data protection
    over profits and shareholders, youre most
    probably on the correct track.

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  • However, achieving the compliance-first ethos
    can be challenging. Youll find yourself drowning
    in questions and adverse situations-
  • What processes, regulations, guidance,
    technologies, and solutions do you require to
    support a compliant culture?
  • How to adhere to data compliance standards when
    shared with external agencies like partners and
    vendors?
  • How can you, as an organisation, track the flow
    of consumer data?
  • Thats where compliance solutions and DevSecOps
    solutions come in.
  • Data Compliance With Technological Approach
  • In the 21st century of modernisation, technology
    is the key to provide solutions to any problems.
    Technology-based data compliance solutions aim
    to-
  • Put rigour around your operational procedures
  • Establish and facilitate the review and approval
    of your marketing messages and communication
    materials.
  • Evidence your approach by developing a robust
    audit trail.

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  • Challenges Faced By Organisations To Adhere To
    The Data Compliance Regulations
  • Physical Documents and Digital Asset Management
  • Many firms struggle with digital asset management
    and documentation, facing secure digital access
    and version control issues.
  • Data Transparency And Accountability
  • In most firms, every department functions as a
    separate unit. Each department has its own
    individual set of methods, systems, and
    operations.
  • This opacity (sometimes hostility) makes the
    process of risk assessment, accountability, and
    compliance even more challenging.

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  • Changing Regulatory Standards
  • The regulatory landscape evolves continuously.
    You need to update your regulatory legal
    requirements and internal company policies to
    keep up with the changing demands and
    technologies.
  • Faced with such challenging scenarios, the
    advantages of professional data compliance
    solutions may seem excellent. Besides enhanced
    regulatory robustness, data processing automation
    can offer a plethora of benefits to your
    organisation.
  • How Can Data Compliance Solutions Help You?
  • Reduces the cost of risk management and data
    compliance process
  • A streamlined, efficient data compliance system
    saves time, resources, efforts and thus, money.
  • The risk of breaches which incur potential
    fines, reputational damage of the brand and
    business interruption, is mitigated.
  • Unlike manual processes, automation of the data
    compliance process eliminates duplication and
    rework.

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  • Real-time mapping and insights to compliance
    controls
  • Precise, automated dashboards offer real-time
    insights into your compliance approach and its
    effectiveness across your entire organisation.
  • Rapid identification and troubleshooting
  • Data compliance solutions perform robust risk
    assessments to identify any error and deploy
    corrective actions, ensuring any gaps are swiftly
    remedied.
  • Easily task assignment and action tracking
  • Tasks are smoothly allocated, with clear and
    measurable accountability for every department
    across your organisation.
  • Automate notifications and reminders
  • Ensures adherence to deadlines and minimise
    manual interventions with automated calendar
    entries and preset reminders for critical dates.

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  • Examine a real-time scenario on data compliance
  • Generate instant data compliance reports
  • Comprehensive dashboards offer detailed snapshots
    of current performance.
  • Continuous reporting for measurable outcomes
  • Measurement is one of the key five stages of a
    competent data compliance program. With
    ever-increasing accountability, you cant
    underestimate the importance of compliance
    monitoring.
  • Automated data compliance solutions simplify and
    accelerate the procurement, processing and
    sharing of this data, with stakeholder reporting
    made simple via easily exportable, user-friendly
    reports.
  • Mandate implementation of accurate processes and
    approaches
  • Built-in processes reduce the risk for regulatory
    breaches and ensure only the best practice
    risk-reduction procedures are being followed.

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  • Develop compliant audit-ready trails
  • Automated documentation ensures robust,
    audit-ready record-keeping for compliance with
    obligations.
  • Your compliance audit strategy is simplified.
    With the elimination of manual, multiple sources
    for recording, the systems data offers only a
    single true source pertaining to your corporate
    compliance obligations.
  • Improve security
  • Top-notch technologically advanced automated
    systems are continuously updated to combat the
    latest and modern cybersecurity risks.
  • With professional data compliance solutions built
    a faster and robust workflow system.

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