Compliance and cybersecurity are getting closer together as our world continues to get more digital and crime moves into this space too. For mid-market businesses, Compliance as a Service (CaaS) is a handy way to get to grips with their range of compliance requirements in one handy solution. In this blog, we’ll talk you through what CaaS is, how it can help you and why it’s essential, and the benefits it can offer to your mid-market business.
What Is Regulatory Compliance and Why Does It Matter?
Every business needs to protect their customers’ digital data by law. Virtually every business has to take steps to keep their customers’ data out of the hands of prying eyes, with some needing to meet more demanding requirements than others.
Whether it’s HIPPA, SOX, the GLBA, or PCI-DSS, there’s a range of standards that you may need to meet to stay on the right side of the law and keep your business free from risk. If your business is compliant, it’s much more likely to be secure, and the other way around!
With cybersecurity and compliance converging, coupled with the size of your business and the risk profile it could be presenting, shining a light of compliance and meeting data protection standards becomes essential, whether it’s avoiding hefty fines, ensuring continuity, or protecting the trust you’ve built with your customers, CaaS can help with all of these aspects.
So What Is Compliance as a Service?
Compliance as a Service (CaaS) is a comprehensive IT solution and service that helps businesses to manage and meet their regulatory requirements. It can be time-consuming, complex, and outright costly to ensure regulatory compliance is being met internally, but CaaS enables it at a fraction of the cost.
You can think of CaaS as an extension of your IT team; it offers the tools and helping hands that you need to monitor, deploy, and enforce compliant IT practices across your whole IT environment, all tailored to the standards you need to meet and the tech you’re using!
How Can ASC Group’s Compliance Services Help My IT Team?
Your IT team is likely already juggling a lot of tasks ranging from IT support to networking, delivering projects, and conducting regular maintenance. CaaS isn’t about taking away control, however, it’s about helping your IT team to lighten their load while enhancing their ability to meet key objectives.
Our Compliance as a Service solution includes the following key elements:
Expert Guidance
Our team of compliance specialists will help you to understand your requirements, find the gaps to meet them, and then bridge them. We will also stay up-to-date with evolving regulations, ensuring your business keeps up.
Tailored Solutions
We will assess your unique compliance needs and develop a customized strategy that aligns with your business goals and can practically implement it for you.
Ongoing Support
Compliance is an ongoing effort, so we provide continuous monitoring, audits, and reporting to ensure your compliance posture stays strong.
Simplified Management
With ASC handling compliance, your IT team can focus on strategic initiatives rather than getting bogged down by regulatory complexities.
How It Works: Four Steps to Regulatory Compliance with CaaS
Compliance as a Service is delivered in a broad four-step approach:
- Compliance Assessment and Gap Analysis: It starts with a thorough audit of your compliance requirements and how your IT environment maps against them. The CaaS provider will identify gaps and areas for improvement and will present a report and action plan for getting your compliance fully into safe harbor.
- Customized Compliance Roadmap: Based on the assessment, they will develop a tailored compliance roadmap. This will be prioritized based on a range of factors, some of the most important being risk and impact.
- Implementation and Support: Your CaaS provider will work with your IT department to deploy the controls, policies, and technologies needed to get your business compliant-by-design. This will also include deploying the compliance monitoring and reporting tools needed to ensure compliance on an ongoing basis.
- Continuous Monitoring and Reporting: With the measures deployed, ongoing support and monitoring will be offered. Your provider will likely offer continuous monitoring and alerting of breaches of compliance policies, conduct regular audits, and help you continually evolve your compliance posture to stay in line with evolving regulations.
Why Choose ASC Group’s Compliance as a Service?
If this all sounds like it can help, we’re here to help as your compliance partner. Here’s why you should choose ASC Group as your Compliance as a Service partner:
- Industry Expertise: Our team has deep experience across various industries, including regulated sectors like healthcare, finance, and manufacturing.
- Proactive Approach: We don’t just help you meet today’s requirements; we anticipate future challenges and keep you ahead of the curve.
- Range of Supported Regulations: We’re able to support businesses with over 18 regulatory standards, including PCI-DSS, FINRA, HIPPA, NIST, SOC2, CMMC standards, and much more.
- Cost-Effective: Achieving compliance internally can be costly and time-consuming. Our CaaS offering provides expert support at a fraction of the cost of having an in-house compliance team.
- Peace of Mind: We’re here to complement your success while taking away your IT team’s stress! With ASC handling compliance, we’ll help you to stay focused on what matters.
Final Thoughts
Compliance as a Service is becoming an essential solution for mid-market businesses with complicated IT environments. It’s your key to staying secure, online, and compliant with the law and can help your IT team worry less and focus on what matters.
ASC Group is here to help by serving as your security and compliance partner. We offer a tailorable service around what you need, not what we want. Looking to get compliance on-side for the long-haul? It’s good to talk!
Ready to Simplify Compliance? Schedule a Conversation With Our President
Interested in CaaS but want to make sure it can help you and tackle your challenges? We’re here to help. Book a no-obligation conversation with our President, Alan, to get your questions answered. We won’t try to sell you something you don’t need; we’re just here to help you move in the right direction.
