A compliance program aims at protecting an organization from risk. The purpose of corporate compliance programs is to ensure that a business complies with laws or regulations relevant to it. You could consider a Compliance Program to be sort of ‘an internal insurance policy’ to create evidence of conformity with regulations and instill a culture of compliance. Remember that establishing a foundation of compliance is a company’s best protection to minimize risk and increase business efficiencies.
The COVID-19 pandemic impacted individuals and businesses all over the world in so many ways. Practically overnight, it changed the way people went about their daily routines and how companies operated. Amidst all the chaos, changes to the cyber landscape increased at an extraordinary rate.
When you run a business, compliance and security are two important factors. Both are equally essential for the seamless operation of your business. While compliance helps your organization stay within the limits of your industry or government regulations, security protects the integrity of your business and its sensitive data. It is worth noting that although security is a prime component of compliance, compliance does not necessarily equal security. This is because compliance does not consider the growing threat landscape and risks associated with it. What it considers, instead, is a set of pre-defined policies, procedures, and controls.
Tools are only as good as their operators. This should be your standing philosophy as the world constantly shifts and evolves to a more hybrid-like work model to help deal with the complexities faced after the COVID-19 pandemic. So, although finally figuring out what tools and processes are essential to the security of your business is great, unless your employees are fully-in on participating with these processes, you’re in for a tough journey.
Being a business owner is beyond challenging at times. You have to deal with several issues all at once and still be able to efficiently solve each of those challenges in a timely matter. You also need to have the understanding of knowing how to arm your business with the right solutions to handle any issues that might come to light later on.
Yet another mess in the cyberworld to worry about. Yesterday, security researchers accidentally leaked the details of a critical Windows print spooler vulnerability, called “PrintNightmare”, along with a proof-of-concept.
We thought we had it all figured out, but COVID-19 has proven that's not the case. It wasn't just us as a species who were vulnerable to this virus, our systems and devices were, too. Natural and human-made disasters as well as other events can cause significant damage and bring businesses to a screeching halt. Now is the time for companies, both big and small, to take the necessary steps to ensure business continuity and natural-disaster resilience. In this digital world, backup and disaster recovery (BCDR) must become a top priority for businesses because the effects of even a single data loss incident could prove fatal. Imagine if you were a health care provider, for example, and you wound up losing all your patient data after a fire burned away your on-premises backup device. An incident like that could cause irreparable damage to your business. In this blog, we will break down different types of data loss disasters, how to prepare for them and how to leverage BCDR to meet and maintain regulatory compliance obligations.
The COVID-19 pandemic caused an unprecedented shift in the way we all work. Although most companies initially relied on a fully remote work model, the rollout of the vaccine has led to the growing popularity of hybrid work environments. A hybrid work environment includes elements of both the traditional on-site work model and the remote work model. Employees can choose to work from home, at the office, or a combination of both.
If you think that your cyber insurance claim will be approved with no questions asked, it’s time to think again. When reviewing your claim, your insurance provider will assess whether or not you took “due care” to protect your business from being compromised by a cyberattack. While having a cyber liability insurance policy is non-negotiable today, you cannot be fully assured that your insurer will cover any of the costs you incur following a security breach.
Businesses worldwide are leveraging IoT for benefits such as seamless collaboration, access to comprehensive data and the ability to make stronger business decisions based on data-derived insights. Experts estimate the total number of installed IoT-connected devices worldwide will amount to 30.9 billion by 2025!
Software-as-a-Service (SaaS) applications are more popular than ever. Almost every company uses at least one SaaS application on a daily basis. The global SaaS market is expected to reach $185.8 billion by 2024, as more businesses move online and adapt their operations to cloud-based software for convenience and a more linear projection of future expectations.
One of the many challenges you might face as a business owner is dealing with the vague requirements present in HIPAA and PCI-DSS legislation. Due to the unclear regulatory messaging, “assuming” rather than “knowing” can land your organization in big trouble with regulators.