Every business goes through ups and downs, but if you’re seeing more than a momentary slow-down, then there could be a critical piece that might be holding you back and that is “Information Security”. Because lack of information security has a negative impact on an organization and the organizations suffer when they’re struck by a cyber attack.
The financial costs due to these cyber attacks can be high and the long-term effects of the cyber attacks also result in damaged trust and reputation. However, if you have strong information security measures in place then it doesn’t just protect you from the costs of a cyber attack but helps you establish non-breakable trust among the audience.
In fact, abiding by GDPR, ISO 27001, and SOC 2 compliance protocols can become a powerful differentiator in a very saturated market.
How Can GDPR, ISO, and SOC 2 Help You With Higher Revenue?
- If you comply with these regulations and compliances, then it may open the doors for new sales opportunities as it will allow you to do business with a wider range of organizations or business partners of different industries.
- However, some potential clients of your business won’t even consider your business if you don’t have a specific certification for information security in place. Well, in many cases, these cyber security compliances may not be required but having them will set you apart from your competitors.
- And, these are essential because a data breach in your organization may compromise your clients’ data and in some cases your users’ user’s data as well which damage your clients’ reputation in their users view. Therefore, many reputable organizations only want to do business with those companies that are well-protected with these cyber security compliances.
- GDPR Certification –
- ISO 27001 –
- SOC 2 Compliance –
- Security,
- Availability,
- Processing Integrity,
- Confidentiality, and
- Privacy.
Do You Need All At Once i.e. SOC 2, ISO 27001, GDPR Compliance At The Same Time?
SOC 2, ISO 27001, GDPR all are designed to enhance the information and economic security, however you may ask whether you need to comply with all three or just one? Well, to open the greatest opportunities for your business, you will need all three security standards and each of these standards or regulations are critical for getting into certain markets and if you comply with all three it will allow you to start doing business throughout the entire world.
So, you should keep in mind that most clients who request a certain security certificate won’t ever accept another security Compliance in its place. For example, if one of your clients requires SOC 2 compliance then they won’t accept ISO 27001 compliance in place of SOC 2 compliance.
How to Get Your Compliance for SOC 2, ISO 27001, and GDPR?
So, if you’re ready to expand your business worldwide while creating opportunities on a larger scale then security compliances can be your foot in the door. However, no matter whether you’re starting with SOC 2, GDPR, or ISO 27001, the automated compliance system by Socly.io provides a smoother and more cost-effective compliance process.
