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Benefits of cybersecurity compliance

By Terry Cutler

Cybersecurity and regulatory compliance are crucial diverse areas for businesses, healthcare professionals, financial service providers, and political leaders, involving meeting various regulatory controls to protect data confidentiality and network integrity. 

Take a deep breath. It’s not as bad as it sounds.

Many of these controls come from different sources: CIS Controls (Center for Internet Security Controls), ISO (International Organization for Standardization), HIPAA (Health Insurance Portability and Accountability Act) and PCI-DSS (The Payment Card Industry Data Security Standard).

Take another deep breath

New ransomware attacks and new methods of compromising data appear every week. Meanwhile, the technology, finance, and healthcare sectors face an ever-growing catamaran of practices and regulations to stay one step ahead of the scrupulous.

Therefore, such controls protect your company’s reputation, safeguard consumer trust, and enhance customer loyalty. 

What are compliance controls?

The cybersecurity controls used to detect and manage the threats to network data include firewalls, encryption, password policies, vendor risk management program, employee security training, and type of insurance. 

Above all, Businesses and institutions with fewer resources find it expensive to prioritize compliance programs and risk fines and penalties. 

Four questions to ask about your compliance

  1. Is your IT department educated on compliance?

Your firm’s IT department is typically the first line of defence for cyber-attacks. In other words, They have cultivated their knowledge and programs from previous attacks or general best practices in the industry. 

2 . Do you have a risk assessment plan?

Risk assessment programs help pinpoint potential weaknesses in your business and as a result help the organization take proactive measures to prevent them from materializing. 

3. Have you created security controls?

It is essential to establish security controls to help manage risks. For instance, Some examples of security control include network firewalls, data encryption, multiple incident reaction plans, network access controls, etc. 

4.  Are your employees all-in?

In conclusion, Every employee should thoroughly understand the role they play in protecting sensitive information. Above all, Your firm should conduct routine cybersecurity awareness training to ensure everyone knows how to respond to a potential threat.

There is more that business and financial leaders, healthcare practitioners and governments can do to comply.

When you try to cut costs, you might need to pay attention to crucial budget categories like the ones discussed above. Collaboration with an IT service provider, like us, can help prevent this. We can help you identify areas where you may overspend/underspend and find more cost-effective solutions.

We can also help keep track of your IT budget and ensure all necessary expenses get noticed. Visit us at https://www.cyologylabs.com/mssp

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