6 Essential Measures SMBs Must Take to Manage Compliance

3 min read

SMB

Compliance is not only essential for small and medium-sized businesses to safeguard against legal issues and costly penalties but also in protecting the safety of your customers and operations as a whole.  That said, the cost of non-compliance can be high. For GDPR noncompliance, fines start at $11 million, or 2% of a company’s annual revenue for corporate abuses and the disclosure of user information. Making sure your SMB is compliant at all times is essential, and compliance officers can help to oversee and manage regulatory issues within businesses. But what measures can be taken to ensure that instances of…...

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Dmytro Spilka Dmytro is a tech and finance writer based in London. His work has been published in Nasdaq, Kiplinger, Financial Express, The Diplomat, IBM, Investment Week and FXStreet.