Since working on a spreadsheet, you and your team have come a long way. You’re enjoying the ease of working in TrustOps because it automates control mapping, test creation, and evidence workflows. However, you’re looking for ways to save a bit more time, so you can focus on your day job and growing list of priorities. Collecting evidence to validate compliance controls takes time and affects your team’s productivity, including HR, IT, and DevOps.
Keeping up with ever-changing regulatory requirements for cybersecurity can prove difficult for many organizations, which may unknowingly become non-compliant if they fail to adapt to new laws and regulations. Healthcare organizations and financial services must be even more vigilant with compliance. Both sectors are subject to even stricter requirements due to the large quantities of personally identifiable information (PII) they manage.
The importance of cyber security compliance training cannot be underestimated, especially in the current era where we are seeing an increasing number of cybercrimes in the industry. As a business owner, conducting cybersecurity compliance training is now not just an option but an essential part of cybersecurity and various compliance programs. Unfortunately, most businesses are still far from taking such training programs seriously.
Usually, IT professionals and newcomers to the information security domain confuse security and compliance, which is not their fault. Both are to protect individuals’ and businesses’ digital and physical assets through appropriate security measures.
In March 2022, the Payment Card Industry Data Security Standard (PCI DSS) was updated with a number of new and modified requirements. Since their last update in 2018, there has been a rapid increase in the use of cloud technologies, contactless payments have become the norm, and the COVID-19 pandemic spurred a massive growth in e-commerce and online payments.
Today’s threat landscape is driven by digital transformation and the outsourcing of critical operations to third-party vendors. Cybercriminals’ high demand for sensitive data paired with a historical lack of cybersecurity investment across the industry is cause for concern. Healthcare organizations recognize they have the choice to either increase their cyber spending or inevitably fall victim to a costly data breach. However, investing in cybersecurity solutions alone isn’t enough.
The Higher Education Community Vendor Assessment Toolkit (HECVAT) helps higher education mitigate the impact of security risks of vendor relationships offering cloud-based services. With supply chain attacks on the rise, and vendor risks ranking in the top three initial attack vectors for data breaches, HECVAT compliance is becoming a mandatory requirement for partnering with higher education institutions.
So many great software and cloud-based organizations turn away from working with the US Government because the authorization to operate (ATO) processes are prohibitively complicated, expensive, and time intensive.
