Checklist for SaaS compliance⤵ (Save it for later) 1. Identify Compliance Framework Applicability - Determine relevant requirements based on data type, location, industry, and customer base. - Consult compliance professionals for clarity. 2. Assess the Risk Landscape - Identify and prioritize compliance, security, operational, and financial risks. 3. Conduct Compliance Readiness Review - Evaluate current compliance levels. - Identify gaps in policies, documentation, training, and third-party risks. 4. Design a Compliance Strategy - Develop a detailed remediation plan with timelines, resources, and training. 5. Deploy Measures Aligned with Risk Profile - Implement controls like advanced encryption and multi-factor authentication. 6. Evaluate Compliance Preparedness - Conduct readiness assessments to pinpoint areas needing improvement before the final audit. 7. Conduct an External Audit - Engage a qualified auditor for a comprehensive review, ensuring all actions and evidence are in place. PS: SaaS just looks complicated, though it's very simple if all the points are taken into consideration.
Love how detailed this checklist is!
Thanks for sharing
Insightful!
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5moVery informative