Let’s Be Clear, It’s All About The Details
While the media and government officials advance unending banter around recalls and recounts on a daily basis, many businesses are facing a much greater threat – a TOTAL RECALL.
Typically, recalls associated with food, packaging, automotive, medicinal drugs, and more, have certain impacts, examples being – Tylenol tampering, Mad Cow Disease, Audi 5000 (sudden acceleration), and recently Romaine lettuce and even Hand sanitizers during this Covid-19 pandemic, however, the effects are often short term.
But TOTAL RECALL is something very different- it’s not about recalling a failed product but remembering with complete clarity and detail. Taking this one step further, new government regulations are requiring contractors to have Compliance TOTAL RECALL and be able to prove it.
Driving this demand for clarity and detail are the large defense industry contractors who have developed stringent internal compliance programs and are pushing the requirements down to their supply chain. Meeting these compliance requirements is simply a cost of doing business. Many smaller subcontractors frequently avoid investing in sustainable security and compliance programs, putting them at risk for compliance failures, breaches, revenue claw backs and even business failure.
A sobering fact appeared in a report, commissioned by the National Cyber Security Alliance and conducted by Zogby Analytics; of 1,006 small business decision-makers, nearly 30% of their businesses experienced an official security breach within the prior year, and 25% filed for bankruptcy, and 10% went out of business. This highlights why the compliance/security demands on the small/medium business market is on fire.
Leaving compliance details to chance is a losing proposition, seeing compliance with complete clarity is critical. Department of Defense contractors – some of whom are manufacturing goods that may look like they are from a Sci-Fi movie, are now being mandated to meet a stringent Cybersecurity Maturity Model Certification (CMMC) in order to continue supplying Government Agencies and Prime Contractors.
What has come out of the DoD CMMC regulation is the need for a Plan of Action & Milestones (POA&M) whose purpose is to monitor progress in correcting weaknesses or deficiencies associated with information systems and subsequently, Levels 1-5 based certification.
Having a platform to manage the activities, documentation, trainings, and completion of tasks is critical to successfully meeting the CMMC and POA&M requirements. BostonCOMPLY Practical Compliance Automation™ is that platform!!
BostonCOMPLY is helping businesses across the US meet their compliance demands in a practical and effective manner while always focusing on the unique needs of our clients.
BostonCOMPLY Practical Compliance Automation™
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