What do you mean by IT and Cybersecurity compliance?

Cybersecurity Compliance entails adhering to numerous cybersecurity measures that are usually implemented by a regulatory authority, government, or industry association. They try to safeguard data confidentiality, integrity, and availability. Compliance standards and frameworks differ by business and sector.

How does implementing & complying with various cybersecurity compliances benefit organizations?

Beyond the legal necessity to secure sensitive data, meeting regulatory compliance standards and criteria provides benefits for businesses. Implementing appropriate safeguards and security measures to protect sensitive customer and employee information strengthens the security posture. Also, intellectual property like trade secrets, software code, and product specifications can be secured as well.

How can organizations start implementing a Cybersecurity Compliance program?

It is critical to first determine the regulations or legislation companies must follow before they can start working towards establishing a compliance program. Some of the ideal steps are as follows: -

A.    Determine the type of data being dealt with and any applicable regulations

Compliance rules differ greatly state-by-state and nation-by-nation. However, a few of them are universal as well. The CCPA (California Consumer Privacy Act) and the NYDFSCR (New York Department of Financial Services Cybersecurity Regulation), for example, set rules that apply to any company set up in any state across the US. Many rules impose extra controls on certain types of personal information. PII (Personally Identifiable Information) refers to any information that may be used to identify a person and is also a crucial data: -

• Unique Numbers present within National and/or Government-issued IDs
• First and Last Names
• Date of Birth and Age
• Resident and Correspondence Address
• Mother’s/Father’s Maiden Name

PHI (Personal Health Information) refers to any information that can be used to identify a person with their medical care. The following data is considered as PHI: -

• Doctors’ and Clinical appointment information
• Medical history of past and present acute and chronic diseases
• Admissions records, hospital bills, receipts
• Prescription records with medicines and dosage
• Personal and Family Health and Life insurance records

B.    Build a cybersecurity team by appointing a CISO

Any person with the necessary skills and work ethic might be assigned to handle cybersecurity on a part-time basis. To determine what compliance obligations may apply to the business, the CISO may wish to speak with a cybersecurity firm or an attorney. Some jobs that might be used as a dual CISO include: -

• CTO (Chief Technology Officer)
• CIO (Chief Information Officer)
• COO (Chief Operating Officer)
• IT Manager

C.   Assess the risks and vulnerabilities

Risk and vulnerability assessments are required for almost every significant cybersecurity compliance obligation. These are crucial in assessing the most severe security issues in your firm, as well as the controls you currently have in place. It is also important to consider the likelihood of ransomware attacks while performing vulnerability evaluations.

D.   Tolerance and requirements-based technical controls should be implemented

The next stage should be to start putting technological controls in place depending on your risk tolerance. A cybersecurity framework comes in handy to determine the starting point. Additional technical controls can be configured once the baseline is met.

E.    Policy, procedure, and process controls should be implemented

It is not only about the technology when it comes to cybersecurity compliance. It is also critical to have risk mitigation policies and procedures in place for both compliance and safety. Technical precaution may not prohibit an employee from accidentally downloading malware onto work systems or visiting dangerous websites. Non-technical controls include: -

• Mandatory end-user and staff security awareness training and security advisories
• Policies, and procedures that are well documented
• Processes of security controls and the accountability of the personnel manning them

F.    Continuously test, monitor, revamp and update

Examine any applicable criteria and make sure to test the controls regularly. It is easy to ignore cybersecurity as firms grow and develop, but companies can stay compliant by conducting frequent testing. It is a good idea to test both technological and process controls frequently when new requirements emerge and the old ones have to be revamped.

Protecting critical data is what security is all about and documenting those steps is what compliance is all about. Security personnel cannot establish control efficacy without documentation, even if the systems, networks, and software are protected. The internal or external auditors will have the information they need to verify control if the continuous monitoring & response efforts are documented. Furthermore, the documentation process facilitates discussions with senior management and allows the appropriate personnel to conduct a more thorough assessment of cybersecurity risk.

Centex Technologies helps businesses in understanding & implementing cybersecurity compliance in their organization. To know more about cybersecurity solutions, contact Centex Technologies at Killeen (254) 213 - 4740, Dallas (972) 375 - 9654, Atlanta (404) 994 - 5074, and Austin (512) 956 – 5454.

Our world has witnessed a revolution brought by the ever evolving technology. From smartphones, smartwatches and other such equipment, the market today is full of tech- savvy products we could have never even dreamt of. However, with each passing day the reports of increasing cyberattacks is taking over the world by storm. As per a study by Juniper Research, cybercrimes shall cost businesses over $2 trillion by 2019.

Modern technology has not been able to combat cyberattacks completely as such attacks are consistent with the growth of technology. Whenever a new technology is launched to overcome a cyber threat, attackers too come up with a new virus or ransomware to counterfeit it. Here are some ways in which evolving technology affects cybersecurity –

• IoT – Internet of Things is a prevalent concept that has made its way into our lives. However, it stands the risk of cyberattacks. If the security measures are weak then it may allow hackers to gain access to the entire network. Attackers might hack the software within the device or apps interface. This might impact the functionality of the device.

• Artificial Intelligence – AI technology being used by numerous businesses working in various sectors today. However, it poses a serious cyber threat. It automates the discovery of critical software bugs. Hackers might use this to attack insecure networks. It can also be used to launch a social engineering attack by using a Facebook style algorithm to lure users to click on a malicious link that might infect their system with virus. 

• 5G Technology – While we are on the brink of welcoming 5G, cybersecurity is still a question. With increased data speed, hackers will able to regulate malicious activities easily as the number of connected devices is quite high. Data piracy would be a serious issue as cybercriminals will be able to upload online content rapidly.

• Social Media Breaches – Social media has enabled people to connect with their friends and family residing all across the globe. However, people post even minutest details such as the places they check-in, personal information such as mobile number, address etc. on their social media accounts thus giving hackers a sneak peek into their lives.

• Mobile Security Breaches – Smartphones are the new cool, but with it there has been a rise in mobile security threats. From mobile phishing, ad and click fraud, dead apps etc. mobile security threats are something that technological growth has brought along.

• Digital Information – Everything is computerized today and most information is stored on a shared network. Even though it is secured with passwords it is not really difficult for hackers to gain access to valuable business information.

• Cloud Computing – More & more firms are shifting to cloud as it is a convenient method of saving & storing information. However, they must take stringent precautions to protect the information stored on cloud or else it might be misused by hackers thus leaving the company information vulnerable.

For more information, contact Centex Technologies at (972) 375 - 9654.