According to the 2021 Year End Data Breach QuickView Report, over 22 billion records were exposed worldwide across 4,145 publicly disclosed data breaches in 2021.
Will your business be the next to experience a breach?
Cybersecurity has become a major priority as the number of sophisticated cyberattacks increases. No company is immune to a data breach or attack—big or small, international or right at home—and cybersecurity will always be critical for your business’s success. It’s past time for business leaders and their boards to start taking the protection of their organizations more seriously and realize there is no 100% amnesty for cyber criminals to access confidential information.
How to Ensure Cybersecurity Compliance
Proactive cybersecurity is a vital part of protecting your business. Preventing cyberattacks before they happen rather than waiting for them to occur and then reacting to them maintains your company’s resilience.
However, despite company size, data breaches quickly escalate, snowballing into complex situations. They can have significant impacts, resulting in reputational damage, financial losses, and legal liabilities that may take years to resolve. Business leaders who hesitate to invest in a strong cybersecurity posture risk exposing vulnerabilities that interest hostile actors. Your business is only as strong as its infrastructure.
To ensure continuous compliance, it is crucial to monitor, review, and test cybersecurity compliance controls regularly. This helps to detect new threats as they emerge and evaluate compliance as new requirements are introduced or modified.
Cybersecurity assessments can help you identify and mitigate risks and ensure you follow regulations and standards. Establishing clear guidelines within your risk assessment process helps target vulnerabilities to focus on the crucial things required in the cybersecurity framework. New potential legislation in Europe will require software companies to prove their products are safe, making it the first continent to propose required cybersecurity assessments for the software industry.
It’s also important to think outside the box and consider testing your systems through actual ransomware simulations or white-hat hacking—ethical hackers who use penetration testing techniques to test an organization’s IT security. This helps find vulnerabilities before the bad guys do and ensure your readiness and response capabilities.
These insights will provide you with a comprehensive report that you can present to your board of directors and cybersecurity insurance providers and give you peace of mind knowing the company’s assets and reputation are protected.
Cybersecurity compliance needs to be viewed as a continuous organizational process. If you’re not putting the right practices in place to help protect you and your customers, it can lead to severe consequences for your business. It’s an opportunity to gain a competitive advantage, not another industry obligation.
Cyber compliance can help your business protect sensitive data, comply with legal requirements, maintain customer trust, and improve its overall security posture.
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