Meeting regulatory compliance requirements has become labor-intensive and a costly aspect of doing business within almost every industry sector. Organizations must navigate a complex matrix of local, state, national, and international regulations, with some applied universally, others on an  industry-specific basis.Whether it’s the European Union’s General Data Protection Regulation (GDPR), the United States’ Health Insurance Portability and Accountability Act (HIIPA), or California’s air quality standard laws, failure to comply with these and of hundreds of other regulatory demands can result in significant fines, reputational damage, and lost revenue. In short, the costs of non-compliance can rapidly outpace the expense of adhering to all relevant regulatory mandates.To read this article in full, please click her
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