Welcome !
Are these questions about Compliance bothering you ?
Need guidance on how to adhere to compliance standards ?
How do I start my journey on standards (such as ISO 27001, Indian DPDP, EU US Data Privacy Framework ,ISO 9001, GDPR etc)
How do you promote transparency ?, How to mitigate risks on digital assets ?, Do you want to earn customer trust ?
How to safeguard business reputation ?, How to demonstrate ethical practices ?
How to streamline Internal and External Audit processes ?
Do you think implementing compliance is Expensive and Time Consuming?
Answer is … MetaSCROLL application (for Integrated Compliance Maintenance & Tracking)
The perfect compliance tool : a digital whistle blowing system
Maintaining an overview : the compliance cockpit
Convert to process dependency: adaptable and configurable to your business processes
Cost effective application : does not need experienced team to manage and maintain
Few important statistics and data on Information Security and Data Privacy Compliance ** :
Average Cost: The global average cost of a data breach in 2023 was $4.45 million.
The average cost of non-compliance for businesses is over 2.7 times higher than the cost of maintaining compliance.
Non-compliance with InfoSec regulations can lead to heavy fines—GDPR fines alone surpassed $3 billion as of 2023.
Over 130 countries have implemented data protection and privacy legislation.
For compliant organizations, costs tend to be lower, as controls can help prevent or mitigate attacks.
Studies show that 85% of consumers will stop doing business with a company after a data breach.
Compliance with security frameworks (e.g., ISO/IEC 27001, NIST) can reduce downtime from attacks.
Businesses with strong security frameworks experience nearly 50% less downtime.
Cyber Insurance: Cyber insurance premiums are significantly lower for compliant organizations.
Regulatory compliance: 78% of companies expect annual increases in regulatory compliance requirements.
Employee awareness: More than half of employees aren't aware of their organization's new cybersecurity policies.
Employee confidence: 93% of employees are overly confident about their cyber preparedness.
Consumer trust: A McKinsey survey found that 87% of consumers said they would not do business with a company without compliance.
44% of Companies Require Vendors to Provide Proof of Cybersecurity as Part of Their RFPs
A Cisco report found that 32% of consumers worldwide left a company due to data privacy concerns.
According to IBM, 40% of companies reported losing customer loyalty and brand trust after a data privacy breach.
Research from IAPP found that companies with robust data privacy programs spend 22% less on data breach management.
(**Information collated from various sources and reports)
Organizations face the challenge of establishing processes to systematically review and comply with chosen standards and regulations. This complexity intensifies for entities obligated to adhere to multiple standards and regulations.
Do note that MetaSCROLL helps you implement and maintain compliance, but does NOT certify for a particular standard. Certification has and should be done only by an independent 3rd party agency or partner.
MetaSCROLL application for your compliance implementation and tracking.
Your digital whistle blowing system !!!
Configurable | Customizable | Adaptable