In today’s world, the vast majority of professional operations all primarily take place via online networks and software. Unsurprisingly, this has provoked a wave of hacking, data theft, and other dire consequences. Sufficient cybersecurity protocols are required to mitigate risks, which is why cybersecurity compliance has become of the utmost importance in the past several years.
In the United States, new business owners are required to meet a variety of expectations surrounding cybersecurity. Understanding all of these requirements can however, cause many questions to arise. To simplify things, our team at It’s Just Results has answered a few of the most frequently asked questions about cybersecurity compliance below.
As you establish a cybersecurity plan for your business, it is crucial to set up an incident response protocol. This is best done by working with a professional cybersecurity assessment service. Our specialists start the response process by conducting a thorough analysis, so that they can identify the threat by monitoring network traffic. Once a security threat is detected, the next step is to eradicate the problem by promptly wiping compromised data, changing login information, or taking any other necessary action. Finally, digital operations must continue to be closely monitored for a period after the security breach, to ensure nothing has been overlooked.
Depending on the specific industry that you are in, there are a variety of unique frameworks within which companies are legally required to comply with corresponding rules and regulations. These frameworks vary between organizations, which is why it is essential to consult with an expert on your specific attestation requirements. For example, companies in the Aerospace & Defense industry must adhere to the regulations outlined in the Cyber Maturity Model Certification framework, in addition to several others.
If you own a large-scale organization with multiple vendors, there are a number of security requirements that must be met by all entities. Unfortunately, it is difficult for parent companies to monitor each facet of their business on a regular basis. The best way to do your due diligence as an overarching business entity is to incorporate vendor security expectations into your Master Services Agreement. Creating strict contractual requirements that include cybersecurity measures will help to ensure your vendors are meeting company standards and are not putting sensitive information at risk.
Running a business that utilizes digital data storage means that you are held responsible for the protection of private stakeholder data. This includes online communications, personal data, banking information, and more. All over the world, government bodies have put a variety of legal restrictions in place such as the California Consumer Privacy Act, General Data Protection Regulations, and more. Failure to prove sufficient cybersecurity measures in the event of a data breach can result in serious consequences.
If you are unclear on the legal restrictions and cybersecurity frameworks that apply to your business, you are running the risk of security issues, legal problems, and forgoing your right to insurance coverage in the event of a financially compromising breach. The best way to make sure you are in compliance with all relevant cybersecurity requirements is to work with a service provider that specializes in this area. At It’s Just Results, our experts offer everything from security policy development to rapid incident response services.
Contact us today to get started, or for answers to more frequently asked questions about cybersecurity compliance.