Defending your organization from cyber-attacks while still demonstrating compliance with key standards and regulations is not as difficult as you might imagine. You can begin with simple procedures that will protect you from the majority of common attacks. They will not only improve the security of your data, but they will also provide a comforting message to your customers.
The GDPR stands for The General Data Protection Regulation and it calls for personal data to be processed securely using suitable technological and organizational methods. The regulation does not require you to implement any specific cyber security measures, but it does expect you to take adequate action.
To put it another way, you must manage risk. What is adequate for you will depend on your circumstances as well as the data you are processing and the threats you face. Nonetheless, it is expected that you have basic, well-established security procedures in place.
The next step for every organization is to determine how the regulation will affect them. Of course, this varies per organization, but in general, privacy entails ensuring that not just the legal concerns are addressed. This regulation emphasizes the need of ensuring that you have properly organized yourself to deal with privacy issues and that you have the technological capacity to do so.
ISO 27001
The ISO 27001 is the premier worldwide information security standard, produced jointly by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). Both are worldwide standard-setting bodies with a strong track record.
The ISO framework is a set of rules and procedures that businesses can utilize. ISO 27001 provides a framework for enterprises of any size or sector to use an Information Security Management System to secure their information methodically and cost-effectively.
Not only does the standard offer businesses with the required know-how for safeguarding their most sensitive data, but it also allows them to become ISO 27001 certified and demonstrate to their clients and partners that their data is safe.
HIPAA
The Health Insurance Portability and Accountability Act (HIPAA) was passed by the United States Congress in 1996 to increase the efficiency and efficacy of the country’s healthcare system. Several provisions concentrating on the safeguarding of sensitive patient information were introduced to HIPAA throughout time.
HIPAA was expanded to business associates in 2013, according to the Omnibus Rule, which was based on the Health Information Technology for Economic and Clinical Health (HITECH) Act. Business associates can include attorneys, IT contractors, accountants, and even cloud services.
With the increased usage and exchange of electronic patient data, the necessity for data security has expanded. Today, providing high-quality treatment necessitates healthcare businesses meeting this burgeoning need for data while also adhering to HIPAA requirements and safeguarding health information.
PCI DSS
The Payment Card Industry Data Security Standard (PCI DSS) is a collection of security guidelines meant to guarantee that all businesses who accept, handle, store, or transmit credit card data do so in a safe manner.
Every merchant, financial institution, or other organization that keeps, processes, or transmits cardholder data must ensure payment security. Payment card financial fraud in the United States totaled $14.7 billion in 2018, according to Javelin Strategy & Research’s 2019 Identity Fraud Study. Criminals are increasingly focusing on different financial accounts, such as loyalty and rewards programs, as well as retirement funds, according to the study.
The PCI DSS can help firms safeguard cardholder data if it is applied effectively. It establishes a set of security standards that businesses can use to determine what steps they should take.
Conclusion
The cybersecurity compliance standards serve as a collection of policies that define the techniques or processes that must be maintained in order to make the system safe. Practically the whole organization that works at a higher level would surely agree with the guidelines because these are the aspects that ensure the enterprises’ security.
If you need professional help in building a cybersecurity compliance plan, NordLayer’s architecture makes it easy for businesses to create, set up, and deploy security policies and controls that comply with cybersecurity regulations.
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