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Regulatory Compliance and Data Security
in SaaS Businesses & Enterprise Software

The average data breach cost in 2020 was $3.86 million globally, underlining the critical importance of robust data security measures. Reports indicate that 95% of cybersecurity breaches are due to human error, emphasizing the need for comprehensive staff training in security best practices.

Regulatory compliance and data security are intertwined concepts crucial for safeguarding sensitive information and ensuring systems adhere to industry-specific laws and regulations.

In the healthcare sector, HIPAA compliance mandates strict adherence to privacy and security rules, which may include obtaining FDA approvals and conducting regular audits. For each standard violated, HIPAA violations can result in fines of up to $1.5 million per year, making compliance a financial and ethical priority.

Beyond application security, protecting hardware and preventing unauthorized data access through lost or stolen devices is equally important. This holistic approach to security encompasses direct system protection and guarding against indirect threats like phishing, where attackers deceive employees into compromising their networks.

Managing Emerging Threats

Our regulatory compliance and data security services are foundational to protecting a SaaS business’s integrity and customer trust. JHMG prioritizes safeguarding your SaaS business against conventional and emerging threats.

As part of our services, ensuring compliance and data security are goals and realities. By ensuring systems comply with legal requirements and safeguard against data breaches, companies can mitigate risks and focus on growth.

Our methodical services involve comprehensive audits, employee education, and integrating advanced security measures, addressing vulnerabilities from both technological and human angles.

Find The Holes In Your Infrastructure

Comprehensive Data Security Strategies

We adopt a comprehensive strategy focused on regulatory compliance and data security. Recognizing the broad spectrum of compliance requirements across different industries, our team excels in identifying potential vulnerabilities and implementing robust security measures.

Our approach involves securing the application and its infrastructure, including:

  • Mobile device
  • Computers
  • Network systems

Recognizing that phishing and other social engineering tactics are significant threats, we emphasize training and awareness alongside technical safeguards. We can pinpoint security gaps by conducting thorough analyses and audits and collaborating with specialized third parties to fortify clients’ defenses.

Regulatory Compliance and Data Security Deliverables

JHMG ensures that SaaS businesses are equipped to navigate the complexities of regulatory compliance and data security. Our services protect your business from financial penalties, reputational damage, and customer trust loss associated with non-compliance and security breaches, supporting sustainable growth and operational integrity.

Regulatory Compliance Roadmap

This detailed plan outlines the specific legal and regulatory requirements applicable to your business. It includes step-by-step actions to achieve and maintain compliance with laws such as HIPAA, GDPR, or any other relevant regulations, tailored to your industry and operational geography.

Data Security Assessment Report

This report comprehensively evaluates your current data security posture, identifying potential vulnerabilities in software and hardware. It highlights areas for improvement and provides a baseline for implementing enhanced security measures.

Customized Security Measures Implementation Plan

This is a strategic plan for bolstering your data security, including recommendations for technological solutions, processes, and practices to protect against data breaches and unauthorized access. It is tailored to address your business’s identified vulnerabilities and risks.

Staff Training Modules on Data Security Best Practices

We develop and deliver training sessions for your staff, focusing on data security best practices, phishing and social engineering awareness, and the correct handling of sensitive information. These modules aim to reduce human error, a significant factor in cybersecurity breaches.

Phishing and Social Engineering Defense Strategies

We provide specific strategies and tools to defend against phishing attacks and other social engineering tactics. This includes implementing email filtering solutions, conducting regular simulated phishing exercises, and establishing protocols for reporting and responding to suspected security incidents.

Regular Compliance Audits and Updates

We schedule audits to ensure ongoing compliance with regulatory requirements and identify new compliance obligations as laws and regulations evolve. This includes updating your compliance roadmap and security measures to address any changes in the regulatory landscape.

Incident Response and Recovery Plan

This comprehensive plan outlines procedures for responding to data security incidents, including breach detection, containment strategies, and recovery processes. It also details communication protocols for notifying affected parties and regulatory bodies as required.

Ongoing Consultation and Support

We provide continuous support and advisory services to address emerging compliance and security challenges. This includes regular updates on the latest cybersecurity threats and regulatory changes and access to expert advice for evolving your compliance and security strategies.

Our Services