25th May, 2021 5 Min read
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Let’s face it – Security compliance is a hassle. (Almost) nobody likes it, it’s boring and perceived as a tedious checklist that must be completed in order to achieve the prestigious mark of being “XYZ” compliant.
Why is that, and how can we better tackle this challenge?
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Companies need compliance mainly for 2 reasons – they either sell to other companies (B2B) who require certain compliance standards to be met, or they sell to consumers (B2C) and are required to maintain certain compliance standards in order to transact with their credit cards or store their Personal Identifiable Information (PII) like name, emails, addresses etc.
There are various compliance standards related to different sectors and use-cases: PCI-DSS, SOC2, ISO-27001, GDPR, CCPA, HIPAA, FISMA, FedRAMP and more. Each of these has a list of requirements the organization must meet and provide evidence to a 3rd party auditor in order to gain the compliance status.
More often than not, getting from zero to one requires company-wide effort, especially for early stage startups dealing with this challenge for the first time. There are a few reasons for the amounts of time and effort required for this project:
Some advanced technology solutions, like Cloud Workload Protection or Zero Trust Access Governance support automated compliance reporting. While this function is extremely helpful, it only yields one evidence at at time, so it does not provide a holistic solution for the entire audit journey.
With all the recent technological advancements such as digital transformation, automation and the migration to the cloud, there must be a better way to achieve compliance while reducing the amount of time and resources, right?
Meet Cloud Compliance Platforms – these SaaS-based companies aim to tackle all the above mentioned challenges and turn the compliance process from business detractor to business enabler. They do so by seamlessly connecting to the company’s systems, automatically collecting the required compliance evidence data and providing gap analysis reports to the project owner, so they will know how to move forward and where to invest resources.
When it comes to evaluating a cloud compliance platform, the main capabilities you should be looking for are:
Cloud compliance platforms bring the compliance process into the 2020s. They can help both startup companies and large enterprises going through the tedious compliance process in a faster and less resource consuming manner.
They empower the compliance project owner to be more self-reliant by connecting and integrating with the company’s enterprise apps and systems, pulling the necessary data automatically and providing gap analysis, recommendations and a clear roadmap towards getting to compliance-ready status.
No need to ask for favors and chase multiple teams and departments in the company to gain visibility into their systems and configurations for the compliance audit.
Cloud compliance platforms enable your startup to move fast without interruptions while getting enterprise-grade compliance faster and with less hassle.
GlobalDots, a cloud innovation explorer always on the hunt for the next impactful cutting edge solution, stepped into that challenge. Our innovation hunting team conducted a thorough research to find the best compliance platforms solutions out there. A handful of them had been examined and tested with our design partners, with as little as 3 solutions that tackle this pain successfully. Click here to find out more on how to ease your ongoing compliance processes.
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