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/

Comments

Popular posts from this blog

Exploring Text Message Preservation: The Importance of Verizon Text Recording and Monitoring Text Messages

Navigating WeChat's Archiving and Ephemeral Messaging: A Harmony of Memory and Privacy

Financial Regulation Text Message Archiving and SMS Archiving Regulations in the Financial Sector