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Compliance & Regulatory Services

Regulatory compliance is complex, but it shouldn't be a mystery. SBK provides auditor-independent compliance guidance — we don't perform audits, so there's zero conflict of interest in our recommendations. Our clients maintain a 100% first-time audit pass rate because we prepare you thoroughly, not just theoretically.

Compliance & Regulatory Services

What We Deliver

HIPAA Gap Assessment & Remediation

Comprehensive assessment against all 54 Security Rule implementation specifications plus Privacy and Breach Notification rules. With healthcare breach costs reaching record highs year after year, investing in proper HIPAA compliance is not optional — it's a business imperative.

  • Administrative, physical, and technical safeguard assessment
  • Privacy Rule and Breach Notification Rule review
  • Risk-based finding prioritization from Critical to Informational
  • Remediation roadmap with 30/60/90/180-day milestones
  • Audit-ready documentation package

SOC 2 Readiness (Type I & Type II)

82% of enterprise buyers now require SOC 2 reports from their vendors. SBK's average time to Type I readiness is 4.5 months — compared to the industry average of 12 to 18 months. We streamline the process by focusing on what auditors actually examine.

  • All 9 Common Criteria categories assessed (CC1 through CC9)
  • Scope optimization — Security plus only the categories you need
  • Control gap identification with clear readiness levels
  • Policy templates and evidence collection checklists
  • Auditor selection guidance and coordination through certification

PCI DSS Assessment

Payment card data compliance validation for merchants and service providers. We guide you through the full assessment lifecycle — from scoping your cardholder data environment to maintaining annual compliance.

  • Cardholder data environment scoping and data flow mapping
  • Self-Assessment Questionnaire selection and completion guidance
  • Control gap analysis with prioritized remediation plan
  • QSA coordination for formal assessments and ROC
  • Annual compliance maintenance program

NY SHIELD Act Compliance

New York's SHIELD Act requires reasonable administrative, technical, and physical safeguards for any business holding private information of New York residents — regardless of where your company is located.

  • Private information inventory and data classification
  • Administrative, technical, and physical safeguard implementation
  • Employee security awareness training program
  • Secure data disposal procedures and documentation
  • Breach notification compliance procedures

ISO 27001 Preparation

International standard for information security management systems. ISO 27001 certification demonstrates a structured, systematic approach to managing sensitive information — increasingly required by global enterprise clients and partners.

  • ISMS gap assessment against all Annex A controls
  • Risk assessment aligned to ISO 27005 methodology
  • Statement of Applicability development
  • Internal audit program design and execution support
  • Certification body selection guidance and coordination

NIST Cybersecurity Framework Assessment

The NIST CSF is the most widely adopted voluntary security framework in the United States. Its five core functions — Identify, Protect, Detect, Respond, Recover — provide a structured baseline that maps to virtually every compliance requirement.

  • Current-state maturity assessment across all five core functions
  • Target-state profile development based on business risk tolerance
  • Gap analysis with prioritized remediation opportunities
  • Implementation roadmap with quick wins and long-term improvements
  • Framework alignment documentation for cyber insurance and contracts

Frequently Asked Questions

How long does it take to get SOC 2 certified?
With SBK's structured readiness program, most organizations achieve SOC 2 Type I readiness in 4 to 6 months. Type II requires an additional 3- to 12-month observation period during which your controls must operate effectively. The total timeline depends on your starting maturity level, scope complexity, and how quickly your team can implement required controls. SBK's 4.5-month average to Type I is roughly three times faster than the 12- to 18-month industry average because we focus on practical readiness, not theoretical perfection.
What's the difference between SOC 2 Type I and Type II?
SOC 2 Type I evaluates whether your controls are properly designed at a single point in time. Type II evaluates whether those controls actually operated effectively over a sustained period, typically 6 to 12 months. Enterprise buyers increasingly require Type II because it provides evidence that your security program works consistently, not just on paper. Most organizations start with Type I to validate their control design, then pursue Type II to demonstrate operational maturity.
How much does HIPAA compliance cost?
HIPAA gap assessment costs depend on organizational size, complexity, and the number of systems and locations involved. A small practice with straightforward data flows sits at the lower end, while a mid-size healthcare organization with multiple locations, cloud systems, and business associate relationships requires a broader scope. Remediation costs vary based on findings, but remember — HIPAA penalties can reach millions per violation, and healthcare breach costs continue to set records. Compliance investment delivers clear ROI. Contact us for a custom assessment scoped to your organization.
Do I need SOC 2 if I'm a startup?
If you sell to enterprise customers or handle their data, SOC 2 is rapidly becoming table stakes. 82% of enterprise buyers now require SOC 2 compliance from their vendors before signing contracts. Pursuing SOC 2 early actually saves money — building controls into your operations from the start is significantly cheaper than retrofitting them later. SBK helps startups scope their SOC 2 programs efficiently, focusing on the Trust Services Categories that matter for your market so you don't overengineer compliance.
What compliance framework should my business prioritize?
Start with your contractual and regulatory requirements — those are non-negotiable. If you handle healthcare data, HIPAA comes first. If you process payments, PCI DSS. If enterprise clients are asking for audit reports, SOC 2. When no specific mandate drives the decision, the NIST Cybersecurity Framework provides the strongest foundation because it maps to virtually every other standard. SBK builds unified compliance roadmaps that address multiple frameworks simultaneously, reducing duplicate effort by 30 to 40%.

Pass your next audit the first time

Schedule a free strategy session and find out exactly where your compliance gaps are — before the auditors do.

(718) 407-4169