1 in 20 Emails Contains a Potential Compliance Breach

1 in 20 Emails Contains a Potential Compliance Breach

Imagine this: 1 in 20 emails (based on our data) you send could potentially lead to a compliance breach.

Let that sink in. Now, think about how many emails you send daily, whether it’s coordinating with your team, reaching out to clients, or responding to inquiries. The statistics are showing that the average office worker sends about 40 emails every day, which is about 10,000 emails every year. The numbers add up quickly when you have tens, hundreds, or thousands of employees, and so do the number of risks.

For businesses, the implications of just one non-compliant email can be massive. Regulatory fines, legal battles, and, perhaps most damaging, the loss of trust and reputation are just a few of the possible consequences. In today’s world of ever-evolving regulations, businesses need to take proactive measures to safeguard their electronic communications.

The Cost of Non-Compliance

When we talk about compliance breaches, we’re not just referring to a missed typo or minor mistake. A single email could unintentionally:

Include language that breaches key laws and regulations, such as competition law and sanctions.
Share confidential or restricted information.
Contravene data protection laws, like GDPR.

The financial repercussions are staggering. Regulatory fines for non-compliance can run into the millions, depending on the severity of the breach. Regulations are becoming more and more stringent, and regulators have increasing powers to impose significant fines. For example, under the new Digital Markets, Competition and Consumers Act 2024, the Competition and Markets Authority can impose financial penalties of up to 10% of a business’ global turnover. Beyond that, businesses risk damaging relationships with clients, partners, and employees when trust is compromised.

Why Proactive Risk Prevention is Essential

Proactivity is key when it comes to compliance. With reactive methods, by the time a breach is identified post-send, the damage is often already done. Next Generation Compliance technologies are revolutionising risk prevention and help ensure that issues are addressed before they become problems.

Investing in compliance tech is about more than just avoiding fines; it’s about protecting your company’s integrity and long-term success. In industries where trust is paramount, such as: finance, healthcare, and legal – compliance isn’t just a box to tick. It’s a cornerstone of doing business. It also allows for just-in-time training, which reinforces the training that employees complete when they first join the company.

Don’t Wait for a Wake-Up Call

Compliance isn’t something you think about after an incident occurs; it’s something you build into your processes from the start.

Next Generation Compliance tech like Lexverify, helps you ensure that your business communications remain compliant, every email, every message, every time, protecting not only your bottom line but also your reputation. The sheer volume of emails sent every day makes it almost impossible to manually review each message for compliance risks. That’s where solutions like Lexverify come into play.

At Lexverify, our mission is simple: to make risk prevention as easy as spell checking. By providing real-time risk prevention on electronic communications, Lexverify enables businesses to stay ahead of compliance challenges before they spiral into costly problems.

Next time you’re about to hit send, ask yourself: “Is this email compliant?”

Now imagine an AI-powered assistant that helps you make an informed decision, in real time.

Here is why you need Lexverify:

Prevent risks before they occur: avoid costly investigations and fines, and protect your company’s reputation
Provide continuous employee training: support your staff to navigate the increasingly complex day-to-day with just-in-time training
Gain real-time visibility into your organisation’s compliance posture: empower your team, uncover your unknown unknowns, allocate training budgets better