we help you check all boxes
Managed Compliance Services
Our managed compliance services combine strategy, process, people, and technology to create a compliance program crafted for your business, based on your compliance framework.
With the onslaught of increasingly tough (and punitive) regulations, organizations are struggling to meet compliance mandates. Many don’t even have a structured plan to keep track of them. This isn’t unexpected — regulations often begin as state mandates and then are either adopted by nearby states or they go national. A perfect example is New York’s Stop Hacks and Improve Electronic Data (SHIELD) Act, which became law in New York in July 2019 and has since been introduced to the U.S. House for national consideration.
If you’re nodding your head right now, take solace in the fact that you are not alone. Not only do many business owners have no functional program to track, let alone adhere to all relevant compliance mandates, but some are losing their ability to stay abreast of the compliance they already follow. For example, a recent Verizon Payment Security Report found that the percentage of firms compliant with the all-important PCI DSS regulation is actually dropping.
You don’t have to worry about compliance, anymore. There isn’t a major compliance mandate that we cannot help you address, and we have all the big ones covered. That includes HIPAA, FINRA, SEC, NY DFS 23 NYCRR 500, The SHIELD Act, and PCI.
In addition to helping you deploy or update fundamental technologies critical to compliance, like data monitoring (which cuts your time to detect fraud — and your losses — by 50% or more), we work directly with your business leaders to ensure your firm complies with all regulations and mandates that are relevant for your company.
Once the program is complete and approved, if your organization lacks the technical expertise to ensure your program truly meets the standard of “best practices,” we can even assume responsibility for many of its most onerous aspects. Through our wide-ranging experience, we have benchmarked many compliance programs and identified the elements common to firms that are on top of their mandates, including: