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With more businesses and financial organisations switching to a remote workforce, major changes are needed to address increasing compliance risks. Learn more about such compliance issues and how can a business address them in the right way.
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HOWTO ADDRESS COMPLIANCE RISKS FOR A REMOTE WORKFORCE BY RISKSAVE.COM Increasedand unsupervisedaccessto thecompanysystems andfilescanresultina lossormisuseof companyandcustomer data. Dataencryption, secure real-timeprotocolsfor datasharing, and optimizingaccess throughsoftwareensure thesecurityof confidentialinformation. Keepingtrackofand verifyingactiveworkfor employeesgetsdifficult inaremotework situation, affecting payrollandcriteriafor workhours. Combiningmarketing solutionswith automationtoolscan helpimproveregulatory compliancewhile upgradingaudittrials andrecordkeeping. Securityisanessential componentforfinancial institutions, which meanshiringand trainingrequirecloser attentionandeffortsto maintainsafetyand authentication. Settingregulationsand retentionpoliciesfor dataandinformation sharingwithsimpleand clearpoliciescanhelp withtheonboardingof newemployeesofyour organisation.