Things To Know About Communication Compliance
Ensuring
communication
compliance in your workplace is very important in ensuring you do not land
in hot water with the regulatory agencies. It is without any doubt that effective
communication is a top priority for most companies, especially operational
teams that need to work around real-time information and context. However, most
workplaces do not have the right tools to communicate successfully while
remaining compliant. Whether this means using tools without a historic record
or piecing together a combination of email, IMs, and phone calls, this can pose
a major risk for the business.
Mobile
compliance is the ability of a company to adhere to legally established
guidelines and regulations for a specific industry or region. Compliance laws
can govern any number of business components, but are especially relevant and
fraught when it comes to electronic communications and data. If companies violate
these regulations, they can be subject to fines and measures that may damage reputation,
finances, and even the ability to stay in business. With so much at stake,
teams require to have a digital communication workspace that is built to ensure
security and transparency.
Disjointed,
impromptu communication is a problem in a lot of industries due to the fact
that it leads not only to worse operational outcomes, but also problematic
compliance violations. For example, organizations that use personal health
information must consider HIPAA regulations, while businesses with European Union
ties should recognize GDPR rules. Compliance regulations around communication
and data typically require measures around archiving, cybersecurity, least
privilege access, and supervision.
Consequences
of disregarding these compliance regulations range from inconvenient to
catastrophic. As a matter of fact, a 2017 study that was sponsored by
Globalscape suggests that the average cost of non-compliance is $14.82 million,
up 45% from 2011. This cost relates to business disruption, fees and penalties,
as well as legal settlement costs.
For more information on communication compliance, visit our website at https://www.telemessage.com/
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