Security compliance management is the process of monitoring and assessing systems, devices, and networks to ensure they comply with regulatory requirements, as well as industry and local cybersecurity standards. Staying on top of compliance isn’t always easy, especially for highly regulated industries and sectors. Regulations and standards change often, as do threats and vulnerabilities. Organizations often have to respond quickly to remain in compliance.
Defense contractors across the U.S. are moving to update their cybersecurity programs to meet or exceed Cybersecurity Maturity Model Certification (CMMC) requirements launched in 2020 by the Department of Defense (DoD) to provide greater protection of Controlled Unclassified Information (CUI). The effort required for CMMC Level 3 Certification will be significant for many of the small to midsized firms who have limited information technology and cybersecurity personnel and resources.
The Digital Operations Resilience Act (DORA) is the European Union’s attempt to streamline the third-party risk management process across financial institutions. A draft of DORA was published by the European Commission on 24 September 2020. Without this act, there isn't an objective Information and Communication Technology (ICT) risk management standard in Europe.
HIPAA compliance law, the Health Insurance Portability and Accountability Act in long form, is one of the compliance standards the public and private healthcare companies need to address for building and maintaining public trust in telemedicine. During the COVID-19 pandemic, telemedicine has been the solution to withstand the excess influx to hospitals and health centers, avoiding unnecessary exposure of patients.
For healthcare organizations, cybersecurity isn’t just about staying safe and protected from evolving cyber threats—it’s also about staying compliant. The most well-known healthcare regulation of them all is the Health Insurance Portability and Accountability Act (HIPAA), which recently celebrated 25 years on the books.
TYSONS CORNER, Va., September 8, 2021 – NeoSystems, a full service strategic outsourcer, IT systems integrator and managed services provider to the government contractor market, announced today that it is being acquired by High Street Capital, a Chicago-based private equity firm. Financial terms of the deal were not disclosed. The company will continue to be led by NeoSystems CEO and Co-Founder, Michael Tinsley, and Co-Founder and CTO, Rob Wilson, along with its current management team.
Utility companies are increasingly being targeted by cybercriminals. Although the highest profile utility cyber attack in recent memory was the May 7 ransomware attack on Colonial Pipeline that caused gas shortages on the East Coast, power companies of all kinds are popular with criminals for a reason: they can’t afford a shutdown and they have the money to pay a ransom.
Organizations are under tremendous pressure to deliver innovative products and stick to tight release timelines. To keep up with the rapid release schedule, engineering teams are adopting the DevOps model for its increased efficiency and agility. It has changed the way that development teams think. As a result, continuously improving performance and delivering releases faster have become standard.
Cybercrime is one of the most significant threats facing companies today. With the average cost of a data breach reaching an all-time high of $4.24 million , the business case for cybersecurity has never been stronger. Still, some businesses seem to misunderstand the urgency of meeting current cybersecurity standards. It may help to consider the legal consequences of poor cybersecurity.
