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Why Your Business Needs to Comply With Security Solutions?

Why Your Business Needs to Comply With Security Solutions?

Cybersecurity is becoming specialized by the day. It is one of the most vulnerable aspects of your business. Security regulations are constantly changing and organizations must have the capability of encountering security threats regularly. 50% of organizations say they meet compliance standards but they don’t have the right security channels to support their claim.

Types of Compliance

The long list of security compliance can be daunting. That is why most organizations hire security experts to evaluate the security threats to their systems. Once your security check is complete, you will be able to determine the vulnerable areas of your security system and boost them with the help of a robust security mechanism. Here are a few security compliance measures that must be met to achieve complete security compliance.

Data Governance

Data governance is the process of monitoring the quality of your data across multiple thresholds. It helps you manage who and when gets access to your data and the way that data can be used. According to a Harvard Business Review Analytic Services report, 67% of respondents say data governance is important to achieving high-quality enterprise data. Since companies work

Identity Governance And Administration

As the business world expands, security threats loom across multiple thresholds. If your organization uses multiple systems and allows BYOD(Bring Your Device), then you need to set up identity governance and administration security checks. It helps you manage the digital identity of employees and their rights across various systems.

HIPAA Compliance

Health Insurance Portability and Accountability Act (HIPAA) compliance protects the data in the healthcare system. Each patient has a different database and HIPAA protects this data to avoid identity or insurance fraud. According to the latest research, almost 5.5 million adults in the UK fell victim to identity fraud in the last 12 months. Most victims do not even get any compensation for their loss as the security breach remains undetected.

GDPR

General Data Protection Regulation (GDPR) is an essential component of EU privacy law and human rights law about Article 8 of the Charter of Fundamental Rights of the European Union. It safeguards the rights of the citizens against data handling. It places restrictions on the use of data and personal information by various organizations and multinational companies. GDPR has the right to levy fines up to tens of millions of euros in case of violations.

ISO 27001

ISO 27001 represents the international standard of management of information security. It refers to several rules and regulations to systematically manage an organization’s sensitive data. It is aimed at reducing the risk and the impact in case of a security breach. Organizations can control the use of financial information, intellectual property, employee details, or information entrusted by third parties during negotiations.

What Cyber Security Solutions does Your Business Actually Need?

PCI-DSS

Payment Card Industry (PCI) compliance protects the data of credit cardholders. Banks and financial management services must comply with international standards while providing branded credit cards. PCI-DSS is built on Data Security Standard (DSS) which ensures a shared security standard to protect credit card transactions. It means that all transactions must follow the strict requirements of PCI compliance.

How To Ensure Security Compliance?

There are many ways to ensure security compliance. Many organizations have an internal security system that protects the data transferred over their servers. However, remote working has expanded the security requirements over multiple networks and security systems. Here are a few ways to help you protect your data.

Protect Your Database

You need a managed database to protect your data from other organizations. Security threats abound at every nook and corner. That is why you need to set up a security system that creates a zero-trust security protocol. Implement encryption protocols and set up database servers to reduce the points of contact on Cloud-based web servers.

Set Up Privileged Access

The best way to protect your data is to set up privileged access. Each employee must be given access to certain information or pieces of data. It narrows down the data access to the particular department or branch of an organization. Remote workers have to go through a series of checkpoints to identify themselves before gaining access to the company’s resources.

Role-Based Security Access

Each user must be given access according to their role in the organization. If a user wants to enter the company’s database, he must go through an extensive database by API security authentication. If the authentication fails, then the user is treated as a guest and has limited access to the company’s resources. It protects the confidentiality of an organization while protecting itself against external threats.

The Takeaway

Security compliance is essential to the integrity of a business, its employees, and its consumers. There are many security measures that can be taken to protect your data including backing up a database, updating applications, and installing a proxy server. However, using a HIPAA compliant VPN is the best method of hiding your activity on the internet and protecting your data from security threats.