When it comes to protecting your organization from IT security threats and cyberattacks, your staff are one of your biggest vulnerabilities. For data protection and data privacy compliance, it is no different. On May 25, 2018, the General Data Protection Regulation (GDPR) was passed by the European Union (EU). It imposes strict data protection obligations on any organization who target and/or collect data of EU citizens.
Data privacy solutions are crucial for complying with privacy regulations and maintaining security. In the first nine months of 2019, there were 5,183 reported data breaches, with 7.9 billion records exposed, according to the Data Breach Quickview. Modern regulations, such as GDPR and CCPA, require companies to develop reasonable data protection measures to protect consumers’ personal information against exposure or loss.
Security configuration management (SCM) can help organizations do much more than just harden their attack surfaces against intrusions. This fundamental control also has the ability to make your audits flow more smoothly. Indeed, it allows organizations to pull reports from any point in time and demonstrate how their configuration changes and alignments help to support their compliance efforts.
Data classification is a vital component of any information security and compliance program, especially if your organization stores large volumes of data. It provides a solid foundation for your data security strategy by helping you understand where you store sensitive and regulated data, both on premises and in the cloud. Moreover, data classification improves user productivity and decision-making, and reduces storage and maintenance costs by enabling you to eliminate unneeded data.
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Governance, risk, and compliance (GRC) are major inhibitors for organizations moving to the cloud—and for good reason. Cloud environments are complex, and even a single misconfigured security group can result in a serious data breach. In fact, asset misconfigurations were the leading cause of cloud security breaches in 2019. This puts a lot of pressure on developer and operations teams to properly secure their services and maintain regulatory compliance.
There has been a significant rise in the number and complexity of Cybersecurity threats over the last several years in the financial services industry. Institutions have been in need of a tool that can aid in identifying all the different risk types and how to develop a plan to be prepared for this continuously growing number of threats. Finally a tool has been developed for these intuitions, especially for Credit Unions.
