Compliance is a crucial part of GRC. Without taking the steps to meet standards and regulations to run safely and legally, your organization faces hefty fines and legal penalties.
For example, in 2023, Meta was fined €1.2 billion by Ireland's Data Protection Commissioner (DPC) for violating GDPR data transfer restrictions. It is the largest fine imposed by a European data protection authority since GDPR came into effect in 2018.
In addition to fines and penalties, organizations risk losing customers, losing revenue, and even getting shut down when they violate industry laws, regulations, and standards.
To help you avoid compliance risk, we’ll cover the fundamentals of security compliance, including common frameworks, the internal audit process, and tips for choosing an auditor.
Security Compliance: How to Keep Your Business Safe & Meet Regulations
Learn the distinctions between security and compliance and understand how the two work hand-in-hand to fortify organizations.
Explore Resource15 Essential Regulatory and Security Compliance Frameworks
Examine 15 regulatory and security compliance frameworks and understand which may apply to your organization.
Explore ResourceWhat Is Continuous Compliance + How To Achieve It
Learn everything you need to know about continuous compliance, including why organizations need it and what the process entails.
Explore ResourceHow to Conduct an Effective Internal Compliance Audit
Get a step-by-step checklist for completing an internal compliance audit.
Explore Resource