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Why and How to Implement Cyber Security Compliance?

Why and How to Implement Cyber Security Compliance?

The term ‘cyber security compliance’ actually combines two sub-terms – cyber security and security compliance. Usually, organisations are concerned about taking cyber security measures, but they fail to keep a check on security compliance and that’s one big reason behind the growing incidents of security breaches globally. The victim of these violations can be any organisation which has critical data and information to deal with. It can be a healthcare facility or a bank or even an e-commerce store which accepts payments from customers through different payment gateways. Learn the importance of security compliance and how to implement it through expert compliance services.

What Is Security Compliance?

Security compliance can be understood as an assurance that the cyber security arrangements of your organisation are in absolute sync with the security standards and frameworks. Now, who sets up these standards? These can be industry-specific standards (for example, HIPPA or Health Insurance Portability and Accountability Act in the US for protecting medical information) or those set up by the government bodies, law enforcement bodies, regulatory bodies etc (for example, PCI DSS or Payment Card Industry Data Security Standard to ensure secure credit card payments). 

To be cyber security compliant, your organisation should follow the security standards for:

  • Digital assets; including hardware, software, networks, mobile applications, storage and so on
  • Employees, to ensure that they use the technology responsibly and adhere to the security policies
  • Third parties like partners and vendors as well as third-party systems that can be a potential source of cyber threats

Importance of Cyber Security Compliance

If your cyber security programme doesn’t comply with the prescribed standards, your organisation is always at the risk of:

  • Fines and penalties as organisations of all sizes are under the scanners to evaluate their security compliance efforts.
  • Loss of reputation and trust if your organisation is found defying the compliance requirements.
  • Loss of customers or clients and business because of your non compliant cyber security arrangements.
  • And of course, data breach and loss of money.

How to Be Cyber Security Compliant?

There are two ways to ensure cyber security compliance – either you hire an in-house team of experts in the field or outsource the task to an experienced cyber security consultant.  The second option is usually considered better as it allows flexible use of expert services at a significantly lower price. So, what does a security compliance consultant do?

  • A careful review of your organisation’s cyber security policies to assess their effectiveness and introduce the required changes
  • Giving suggestions regarding a systematic proactive approach that must be incorporated to prevent potential cyber threats
  • Designing security controls and validating different activities to ensure that the organization’s digital assets are secure
  • Risk assessments and threat management through constant monitoring, testing and auditing
  • Educating all the employees of the organization so that they use the technologies and assets in sync with the security policies.

Maintaining cyber security compliance can be a complex process and the complexities may increase as your organisation scales in size. Make sure that you are attentive towards them from day one.