Why Compliance Matters

Protecting Sensitive Data

Small businesses are often targeted by cybercriminals who assume their defenses are weaker. If you handle protected health information (PHI) or payment card data, HIPAA and PCI DSS compliance ensures this data is secured against costly breaches.

Building Customer Trust

Compliance demonstrates a commitment to safeguarding your customers’ information. Patients and clients are more likely to do business with companies that can prove their sensitive data is protected.

Avoiding Penalties

Non-compliance can bring severe fines:

• HIPAA: $100 – $50,000 per violation, up to $1.5M annually per category.
• PCI DSS: $5,000 – $100,000 per month until compliance is restored, plus liability for fraud and chargebacks.

For a small business, these fines can be financially devastating.

Competitive Advantage

Many industries require compliance as a condition of partnership. Being HIPAA and PCI DSS compliant can help you win contracts, gain new clients, and stand out from competitors who are not.