In a highly connected, internet-powered world, transactions take place online, in person, and even somewhere in between. Given the frequency of digital information exchange on our devices, including smartphones and smart home gadgets, cybersecurity has never been more important for protecting sensitive customer information. In response, the US Federal Trade Commission has rolled out updated measures to ensure that customers’ details are fully protected.
As organizations respond to an ever-evolving set of security threats, network teams are scrambling to find new ways to keep up with numerous standards and regulations to dodge their next compliance audit violation. Can this nightmare be avoided? Yes, and it’s not as complex as one might think if you take a “compliance first” approach.
In recognizing the growing impact of third-party risks on operational resilience, the Prudential Regulation Authority (PRA) has established new regulatory requirements in the areas of third-party risk management and outsourcing. The details were published in a Supervisory Statement that has been put into effect since March 2022.
Standing up a strong compliance program is critical for any organization expected to show adherence to SOC 2, HIPAA, PCI, ISO27001 and other frameworks – and it can be very challenging. For starters, you have to juggle evidence collection, task management, policy mappings, and monitor controls across multiple frameworks.
What if a malicious threat actor would want to get into the U.S. Department of Defense’s (DoD) network. Could they do it? You may think this only happens in the movies, right? In this case, reality surpassed fiction. On Dec.20, 2018, the APT10 Group did exactly that. Members of APT10 stole personal, confidential information, including social security numbers and dates of birth, from over 100,000 Navy personnel.
