Cybersecurity compliance is all about conforming to rules; whether they are policies, standards or laws. However, the goal of cybersecurity compliance is difficult to achieve and maintain as cybersecurity regulations are often complex in nature and ever-changing.

In order to avoid considerable fines, keep your organisation’s data safe and demonstrate full transparency; regulatory compliance is something that businesses across all industries should strive for.

WHAT ARE THE TYPES OF CYBERSECURITY REGULATIONS AND STANDARDS ORGANISATIONS NEED TO MEET?

Cybersecurity regulations and standards that apply to your business will be directly dependent on the industry that you operate in. However, there are also several regulations that span industries and geographical boundaries, some of which are mandatory and others voluntary, and all of which are subject to change.

Some of the most notable cybersecurity regulations include:

  • Essential 8 – An Australian risk management framework comprising eight mitigation strategies to help form a baseline of protection.
  • ISO – A set of standards that act as a framework of best practices to help businesses improve their information security.
  • NIST – A set of controls and balances to help operators of critical infrastructure manage cybersecurity risk.
  • General Data Protection Regulation (GDPR) – A regulation aimed at improving privacy laws in Europe.
  • HIPPA – A regulation that enforces security to protect Personal Health Information (PHI).
  • Payment Card Industry – Data Security Standards (PCI-DSS) – A globally-recognised set of guidelines that govern how you should handle credit card information.

WHY IS CYBERSECURITY COMPLIANCE SO IMPORTANT?

Rules and regulations aim to safeguard data and systems, as well as address privacy and security concerns, which means that complying makes sound business sense. By implementing the necessary programs and processes, you can reduce risk to both your organisation and your customers.

By showing that you care about protecting customer data, you can build upon your reputation and win more business. What’s more, while not all regulations are mandatory, those that are come with hefty fines for non-compliance.

GOVERNANCE RISK AND COMPLIANCE (GRC) MANAGEMENT SERVICES IN AUSTRALIA

At InfoTrust, our cybersecurity experts specialise in overseeing business operations to ensure you’re aligned with industry and other regulations. This requires significant resources, and it’s not a one-off task ­– the regulatory environment is always changing, which means you need to continually monitor your efforts.

By working with us, you can benefit from years of experience, get invaluable advice and rest assured that your business always remains secure and compliant. We also provide tailored cybersecurity awareness training, data loss prevention & email security services, incident response, penetration testing and other highly effective solutions to your cybersecurity needs.

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Solving complex cybersecurity challenges comes with some serious business benefits.

To win the cybersecurity battle and protect your business, you need to connect next-generation technologies with business policies to create a robust security ecosystem. It’s no mean feat, but with the right support, your business can thrive.

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