What should be in a compliance report?

A compliance report typically contains the following elements: Scope: The regulations, laws, and standards that apply to your organisation based on what industry you operate in, where you operate, and the type of data you handle.Compliance history: The business intelligent reports for compliance include your compliance history, recent cyber-attacks and data breaches, how you detected and responded to them, non-compliance details, and so on.Risk assessment: Your systems are assessed using advanced tools and techniques to expose vulnerabilities, threats, and compliance gaps.Summary: It’s a brief summary of your compliance status and areas that need your immediate attention.Recommendations: The report also contains suggestions for improving security and compliance posture.

What are the 7 elements of compliance?

The 7 elements of compliance are: Creating policies and procedures to comply with applicable regulationsProper governance of data handling and system securityContinuous monitoring to detect and respond to vulnerabilities and threatsConducting periodic internal auditing to check security and compliance statusMaintaining clear and effective communication across the organisationEnforcing guidelines to access sensitive dataTraining employees and increasing compliance-related awareness

Custom Reports for Compliance - Microminder Cyber Security

Custom Reports for Compliance

Track and improve your compliance position with relevant laws and regulations and avoid risks with Microminder CS’s audit-ready custom compliance reports.

What Are Custom Compliance Reports?

Custom compliance reports are documents created from scratch and contain detailed insights into your organisation’s cybersecurity and compliance status. Analysing this report lets you identify issues and correct them faster to ensure you stay compliant with the rules and regulations applicable in your industry and region.

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Meet Industry Regulations with Microminder CS’s Custom Compliance Reporting

At MIcrominder, we help businesses meet the laws and regulations applicable to them with our well-crafted and accurate custom compliance reporting. No more relying on generic reports, we customise our compliance reports to align with your security and compliance requirements. Each of our compliance data analysis reports offers in-depth risk assessments, remediation strategies, compliance gaps, and powerful recommendations.

Here are the features of our compliance reports:

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Why Do You Need Custom Compliance Reports?

Businesses use plenty of tools and technologies, most of them from third-party vendors. These could have vulnerable components that attackers can exploit. What’s even more concerning? They store sensitive customer and business data that cyber attackers are looking for.

Compliance regulations, such as HIPAA, GDPR, etc. require businesses to secure their systems and customer data from threats. Non-compliance with these standards could cost you millions of dollars and your industry reputation.

Generic compliance reports won’t be enough to capture the specifics and depth that regulators demand. Custom compliance reports are created to align with the regulatory framework applicable in your industry or region where you operate.

Here’s why you need them:

Prove compliance

Compliance reporting acts as proof that you’re compliant with your industry standards. For example, if you operate in the healthcare industry, you need HIPAA compliance reporting. You can customise the report according to HIPAA guidelines and present it before the authorities. Similarly, if you operate in the UK, you can customise the report to meet UK GDPR.

Smooth audits

Get well-structured, in-depth, and accurate compliance reports that help you meet industry compliance and pass audits smoothly. Skip last-minute hassles and errors with our custom reporting solutions for compliance.

Avoid fines

Avoid losing millions in fines and legal damages due to non-compliance. Use our compliance data analytics to track and monitor your compliance status with regulations, such as HIPAA, UK GDPR, SAMA, etc. and protect your reputation in the industry.

Improve security

With compliance data reporting, you can track security gaps in your systems and controls and spot vulnerabilities and compliance issues. Fix these problems to improve your organisation’s cybersecurity posture against threats.

Data protection

Adhering to data protection regulations, such as HIPAA, PCI DSS, etc. confirms you’re serious about protecting business and customer data. This also means you use sufficient data protection measures to avoid data breaches and legal trouble that comes with them. It helps you build stronger customer relationships.

Multiple standards

If multiple standards and regulations apply to you, it becomes difficult to manage them. Compliance reporting makes the process easier as you can easily track security and compliance status and adjust your systems to adhere to the laws and regulations relevant to you.

Builds trust

Share your compliance reports with your investors and stakeholders to show your adherence to laws and regulations. It helps build trust with them knowing that they are associated with a responsible and accountable organisation.

Business continuity

Keeping security and data protection your top priority helps you minimise the chances of cyberattacks and data breaches. This means lower downtimes and higher operational resilience, key ingredients for business continuity.

Check out our compliance reporting

How Microminder CS Creates Custom Compliance Reports

Below are the steps we follow to produce a fully customised compliance report so you can track and improve your compliance status:

Talk to our experts for details

Mapping Requirements

Our compliance experts carefully analyse your business and operations, the systems and controls you use, the type of data you store, and the compliance regulations applicable to you. Next, we map the requirements of relevant standards to your current security and compliance efforts. This helps us find the gaps that you must close.

Collecting Data

We use AI-based security tools, advanced techniques, and log analysis to collect cybersecurity data. For instance, we use vulnerability scanners to detect system weaknesses and compliance checkers to evaluate whether you adhere to a specific standard. We also check network security tools, encryption standards, automated compliance reporting tools, access controls, and so on.

Mapping Requirements

Collecting Data

Risk Analysis

Our experts analyse the data collected to find critical security threats, business risk and compliance violations, and other issues that need your attention. We document this in our custom analytics reports, so you can fix issues immediately.

Creating Reports

Once we have everything ready – risk assessment, compliance gaps, and cybersecurity data, we generate a clear, detailed, accurate, and customised compliance report. We also recommend strategies to help you close security and compliance gaps. It highlights risks on priority, step-wise technical fixes, and policy updates.
Use this report to track and monitor your compliance status and improve your security posture. You can also explore our compliance and consulting services to improve your overall security maturity and compliance with various regulations and standards.

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Moby2

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The project experience went smoothly with above average communication and a clear task list. We would definitely recommend MCS to others as they are very thorough with a competitive timeline."

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BlackLine

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BlackLine

Leading provider of cloud software that automates and controls financial close and accounting processes

Monument RE

"Microminder Cyber Security were involved in the initial launch of our online platform and are well placed to move quickly as partners of Monument Re Group. The speed of delivery and communication levels give everything the company needs when working with partners.

The reviews that were undertaken are supported with real-time feedback on dashboards and are fully documented at the end giving full reports and remedial recommendations."

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Monument Re Group is a Life Assurance Company

A.R.M. Holding

"Thank you for your exceptional efforts and unwavering support throughout the duration of the project. The support provided by the entire MCS team has been greatly appreciated, and I look forward to collaborating with you on upcoming projects. Thank you once again for your hard work."

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Multi-focused economic enabler through local, regional and global investments.

FAQs

Please identify the answer you are seeking.

A compliance report typically contains the following elements:

Scope: The regulations, laws, and standards that apply to your organisation based on what industry you operate in, where you operate, and the type of data you handle.
Compliance history: The business intelligent reports for compliance include your compliance history, recent cyber-attacks and data breaches, how you detected and responded to them, non-compliance details, and so on.
Risk assessment: Your systems are assessed using advanced tools and techniques to expose vulnerabilities, threats, and compliance gaps.
Summary: It’s a brief summary of your compliance status and areas that need your immediate attention.
Recommendations: The report also contains suggestions for improving security and compliance posture.

A custom report is a document created from scratch and contains information on an investigation or analysis to make it suitable for a particular use case. In compliance, a custom compliance report highlights the risks, compliance position, and strategies to improve your security and data protection measures.

The 7 elements of compliance are:

Creating policies and procedures to comply with applicable regulations
Proper governance of data handling and system security
Continuous monitoring to detect and respond to vulnerabilities and threats
Conducting periodic internal auditing to check security and compliance status
Maintaining clear and effective communication across the organisation
Enforcing guidelines to access sensitive data
Training employees and increasing compliance-related awareness

In an organisation, compliance reports are useful for chief information security officers (CISOs), chief executive officers (CEOs), and members of the IT and security teams. Regulatory reporting automation helps them make decisions based on data from reports to improve the organisation’s security and compliance position.

Compliance reports are created after a careful evaluation of an organisation's cybersecurity controls, compliance requirements, and sensitivity of the data they deal with. This is why organisations opt for certified professionals or seasoned cybersecurity firms, such as Microminder. We provide detailed and precise custom compliance reports to help you spot compliance gaps and resolve them. This way, you can stay compliant with the applicable laws and regulations and prevent penalties and fines with our business reporting solutions.

Custom Reports for Compliance

What Are Custom Compliance Reports?

Meet Industry Regulations with Microminder CS’s Custom Compliance Reporting

Fully customised

Compliance gap analysis

Risk assessments

Regulatory-friendly formats

Incident response

Remediation