Most companies are unconcerned about credit card theft until it happens to them. If you sell online or by e-mail, your company is more likely to go bankrupt owing to fraudulent credit card orders. Given the increased reliance on plastic money, credit card theft is extremely damaging. Even consumers, fail to take basic precautions to avoid credit card theft.
Anyone reading this post will have at least dipped their toes into the world of cloud services. As a result of this massive growth, the world of compliance has spent much of the last decade catching up with the implications of cloud services.
In November 2021, the U.S. Department of Defense significantly updated its Cybersecurity Maturity Model Certification (CMMC) framework to incorporate new cybersecurity requirements for DoD contractors. In particular, CMMC 2.0 Level 1 (Foundational) contractors must now perform annual self-assessments, and Level 2 (Advanced) contractors must perform annual self-assessments for selected programs.
Cyber security is an important aspect and an integral part of any online business. The layperson has little idea of what threats exist and how to protect against them. And yet, if you own a business you are almost definitely vulnerable to cyber security threats. You don’t need to be a Fortune 500 company to protect against them. By knowing what to do, you can keep your data secure and avoid breaches.
Broadly speaking, an information security program is a set of activities and initiatives that support a company’s information technology while protecting the security of business data and enabling the company to accomplish its business objectives. An information security program safeguards the proprietary information of the business and its customers. The Gramm-Leach-Bliley Act (GLBA) has a more specific definition of what a security information program should entail.
When a leading financial technology provider began posting record success and rapid customer growth, it needed a holistic security strategy to protect its customer data and comply with regulations such as the Payment Card Industry Data Security Standard (PCI DSS) and the California Consumer Privacy Act (CCPA).
