Effective cybersecurity is important to organizations because cybersecurity protects sensitive data, like customer information and trade secrets against unauthorized access and comprise.
Implementing a cybersecurity program is also a mandatory requirement of many regulations and data privacy laws.
Analysts see cybersecurity compliance as more than just checkbox for government regulations, but rather a formal way of protecting your organization from cyberattacks, such as distributed denial of service (DDoS), phishing, malware, ransomware and more.
No organization is completely immune from experiencing a cyber-attack, meaning that complying with cybersecurity standards and regulations is paramount. It can be a determining factor in an organization’s ability to reach success, have smooth operations and maintain security practices.
Most cybersecurity and data protection laws revolve around sensitive data, including three different types: personally identifiable information (PII), financial information and protected health information (PHI).
For example, Payment Card Industry Data Security Standard (PCI DSS) is a set of regulatory standards that ensures all organizations maintain a secure environment for credit card information. To be compliant, organization compliance must be validated annually.
The Health Insurance Portability and Accountability Act, commonly known as HIPAA, is a law that ensures the confidentiality, availability and integrity of PHI.
System and Organization Control 2 (SOC 2) establishes guidelines for managing customer records based on five trust service principles:
- Safety
- Availability
- Processing integrity
- Secrecy
- Privacy
GDPR stands for General Data Protection Regulation and was enacted by the European Union (EU) in 2018. The GDPR includes set standards for organizations that collect data or target individuals in the EU, even if the organization is located outside the EU or its member states.
Want to learn more? Tonex offers a 5-day Cybersecurity Mini MBA Training Course that is an education program and career experience with key cybersecurity business and technology practices including technology, leadership, ethics, regulation and strategic marketing.
Tonex also offers several more Mini-MBA programs:
Mini-MBA in Business Management for Military and Veterans
Oil and Gas Transformation Mini MBA
For more information, questions, comments, contact us.