It’s well-established that a data breach is an extremely costly event. By some estimates, a data leak can cost a small to medium-sized business more than $7.68 million per incident. Compliance regimes may seem burdensome, but the goal of these policies is to prevent a devastating data breach that can bankrupt a business and cause myriad problems for consumers.
In today’s dynamic world, the fifth generation of global wireless technology (or as we know it, 5G) is driving innovation in the financial sector, and the global pandemic is changing everyone’s lifestyle and payment habits, online payments become more and more important. Against this backdrop, the most dominant tendencies are mobile and online banking, as well as investment banking.
At Bulletproof, we have a fantastic team who power our compliance services, which include GDPR, ISO 27001, Cyber Essentials, training, and act as our all-knowing outsourced Data Protection Officers. Both cyber security and data protection are crucial corporate responsibilities that we believe should be at the heart of any company’s day-to-day operations.
The General Data Protection Regulation (GDPR) set a huge precedent in modern digital privacy regulation. We've seen regions throughout the world adopt similar data protection laws in the time since its inception, and the financial liabilities are only part of the story. Customers and users of software products are now savvier than ever when it comes to understanding the importance of data privacy rights.
As government agencies accelerate migrating their operations to the cloud, they need to adhere to strict compliance and security standards. The Federal Risk and Authorization Management Program (FedRAMP) provides the standard that these agencies—and their private-sector partners—must meet to work and manage federal data safely in the cloud.
The North American Electric Reliability Corporation Critical Infrastructure Protection (NERC CIP) Standards are a cybersecurity compliance framework designed to protect utility organizations. Adhering to these guidelines is essential—falling short will leave your environment vulnerable to malicious actors and can result in some hefty fines.
Once again, to mark Data Privacy Day (or Data Protection Day in Europe), we have released a new update to the Data Privacy Periodic Table – our industry-renowned open project to create a regularly-updated digestible guide to the confusing world of data privacy. You can download the latest version of The Data Privacy Periodic Table, here. This is its sixth update, and roughly three and a half years after its launch in September 2018, what have we learned?
ISO/IEC 27001 is a set of international standards developed to guide information security. Its component standards, such as ISO/IEC 27001:2013, are designed to help organizations implement, maintain and continually improve an information security management system (ISMS). Compliance with ISO 27001 is not mandatory.
