Top FAQs for Compliance Assessments
What Is A Compliance Assessment, Exactly?
A compliance assessment is essentially an appraisal of your organization’s digital assets to ensure that they are working according to the established standards. Put more succinctly, compliance assessments serve the purpose of determining whether you meet the regulations and rules established in compliance documents such as HIPAA or FISMA.
What Purpose Does It Serve?
Strictly speaking, a compliance assessment gauges whether there are any gaps between your established security controls, and what is required by law. It should not be compared to a risk assessment which is intended to identify any risks to which your assets may be exposed.However, it should be kept in mind that if gaps are revealed in your security systems then there is bound to be morerisk directed towards your infrastructure
Where Can I Get Guidance?
There’s no guide like experience, and if you’ve had the chance to be involved in compliance assessments previously then you can act as the guiding light. Otherwise it is prudent to hire external help to give you the right direction in this matter.Experts can guide you regarding which compliance rules you need to fulfill to ensure the smooth operation of your business.
Can Non-Compliance Attract Fines?
Absolutely! Non-compliance issues are viewed seriously by the authorities and businesses are severely penalized if any laxity or wrongdoing is discovered on the part of organization in implementing the requirements. In fact, non-compliance can, and does, attract monetary fines together with legal problems and a harrowing experience.