Cyber security risks have never been more apparent and costly. According to the survey data, the average cost to the U.S. organizations that experienced a cybersecurity breach in 2020 was approximately 8.64 million dollars per incident, up almost a half-million dollars from 2019. Rates of cyber security attacks and identity theft have significantly increased and seem to be only becoming easier for hackers and cybercriminals.
Compliance is a key part of any organisation and in business terms, it is about ensuring companies of all sizes and their employees comply with existing national and international laws. In the UK the Companies Act 2006 is the main legislation that forms the primary source of company law and businesses of all sizes must ensure they adhere to it to remain compliant.
The Gramm-Leach-Bliley Act (GLBA) aims to protect consumer financial privacy with three provisions: the Financial Privacy Rule, the Safeguards Rule, and the Pretexting Provisions. In our previous post, we covered the GLBA Financial Privacy Rule and what financial institutions, as defined by the GLBA, need to know to be compliant.
Today, Calligo announced that we have partnered with BigID. The BigID data intelligence platform enables organizations to know their enterprise data and take action for privacy, security, and governance. This partnership will enable Calligo to provide clients with the ability to proactively discover, manage, protect, and gain more value from their regulated, sensitive, and personal data across their data landscape.
Many organizations need to meet various compliance standards, and investing in a security information and event management (SIEM) solution can often help them reach that goal. But it worth the cost and effort to deploy a SIEM solution solely for compliance? Or is there a way to maximize the value of your SIEM by strengthening cybersecurity as well as achieving compliance? This article will help you answer those critical questions.
TYSONS CORNER, Va., May 3, 2022 – NeoSystems, a full-service strategic outsourcer, IT systems integrator and managed services provider to the government contracting market, is strengthening its channel program and has named Kathy Gibbs to lead this effort as Vice President, Partners and Alliances.
COBIT is an acronym for Control Objectives for Information and Related Technologies. The COBIT framework was created by Information Systems Audit and Control Association, ISACA to bridge the crucial gap between technical issues, business risks and control requirements. COBIT is an IT governance framework for businesses that want to implement, monitor and improve their IT management best practices.
It is often stated that security is hard. Whether it is the people, processes, and technology, or any combination of the three, security is a never ending challenge. Conversely, compliance is the opposite. Compliance is relatively straightforward. For too long, and for too many organisations, meeting a compliance standard was seen as a satisfactory way to boast of security. The competing ideologies of security versus compliance have long vexed even the most optimistic cybersecurity professional.