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Cardonet are a consultative business partner who will work closely with you to provide a transparent, vendor-neutral approach to your IT Services.

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News

Cybersecurity and Compliance: The Basics

by Jennifer Castro / Wednesday, 12 January 2022 / Published in Cyber Security, GDPR
Why you should discuss compliance and cyber security together.

The term cybersecurity is often associated with elements such as anti-virus software, firewalls, strong passwords, data backups and cybercriminals. All of these are extremely important; however, there is one other topic that should also be addressed when discussing cybersecurity, which is compliance. 

IT Security Compliance ensures that your organisation can demonstrate that your cybersecurity systems meet the specific security regulations and standards set out in HIPAA, GDPR and NIST. Ultimately, the goal we should all work towards is maintaining data security within your business. 

By facilitating consistent data security measures across the board, you can rest assured that your organisation’s most valuable assets are;

  1. Protected on all fronts from malicious and accidental damage or loss, including theft.
  2. Securely stored elsewhere to ensure that your business is capable of continuing its day-to-day activities should the worst-case scenario occur. 

Which types of data are subject to cybersecurity compliance?

Anything that can be valued as sensitive data will most likely be subject to compliance standards and regulations. This includes personally identifiable information, protected health information and financial information. 

Other data that may also be considered sensitive therefore subject to compliance includes;

  • IP addresses
  • Email addresses, usernames and passwords
  • Authenticators and biometrics such as fingerprints, voiceprints and facial recognition data
  • Marital status
  • Race
  • Religion

How will cybersecurity compliance help my business?

If your business happens to be deemed as non-compliant with the standards and regulations mentioned above, your organisation may face fines and penalties which can be both costly as well as damaging to your business’s overall reputation. 

You would rather say that you took all measures deemed possible to protect the sensitive data entrusted to you than face the harsh consequences of not applying cybersecurity compliance at all.

What are the benefits of outsourcing compliance support?

We offer businesses just like yours PCI Compliance Support services to protect you and your customers against payment card theft and fraud. From the introduction of enterprise firewalls, helping keep you compliant, as well as auditing your setup and looking for ways to reduce the risks, to carrying out a thorough gap analysis. 

Our existing clients have benefitted from;

  1. Attaining and remaining compliant with PCI DSS – Our highly experienced team will make the process of becoming compliant quicker and easier for you. By handing over the often difficult and time-consuming task from your hands we leave you with the time, energy and resources to re-invest it into other, equally important, areas of your business. 
  2. Flexibility around your business – Our team is dedicated to working with you, not against you, and can run testing solutions even when your business is not trading, helping to prevent any potential impacts on your day-to-day operations.
  3. Save on per-transaction surcharge and avoid fines – Two of the key areas our existing clients rely on our support for. Once you become PCI DSS compliant you will no longer have surcharges for every transaction. This can also help you avoid fines when fraudulent activities take place.
  4. Completely vendor-neutral – Working with the best in the industry we will not force any particular vendor’s solution. We offer you our best recommendations and leave the choice ultimately to you. This results in cost savings, both now as well as in the future.

Avoid fines and higher insurance premiums.

A cyber-attack will not only impact your business as well as its day-to-day operations, but it can affect you financially in more ways than one. The cost of a data breach may vary depending on the size of your business, how the cybercriminals breached your network, how much data was compromised, as well as your awareness and preparedness of your cybersecurity.

If you are found to be not in compliance on top of suffering a cyber-attack, you could find your business having to pay fines including but not limited to; investigation, legal, breach notification, as well as increased insurance premiums.

Allowing you to do more.

Ensuring your business is compliant against regulatory bodies and standards can be an incredibly overwhelming task. We understand the logistics of it and how consuming it can be, which is why our dedicated team of experts are on hand to help you.

With our Cyber Essentials Support services, you can put your mind at ease that we can help you maintain a strong cybersecurity strategy. The goal is to assess and certify your business so you can prove that your business is capable of addressing cybersecurity effectively and mitigating the risk of potential threats.

Once you seek continued compliance, your business will benefit from the following;

  • Protection against common cyber threats.
  • Improvement of your team’s awareness and understanding of cyber-security.
  • Meeting eligibility requirements for certain government and MOD supply chain contracts.
  • Support from a team of experienced cyber-security experts.

Achieving your ISO 27001 Certification allows your business to engage with organisations that require your business be certified and is a great way to show just how well prepared you are and serious about information security. The ISO 27001 is an internationally-recognised standard for Information Security Management Systems. By obtaining this certification you will;

  • Show your commitment to preventing theft, loss, damage, or misuse of any sensitive information you hold or have access to.
  • Enhance your business’ reputation while providing assurance to external stakeholders that their data is protected.
  • Encourage other business’ to work with you, demonstrating you have their business’ best intentions at heart.

Compliance isn’t one of those tasks that should be left for another day. Get in touch with our friendly team to discuss your current policies and let’s work together to ensure your business is fully compliant and safe. Reach out on +44 203 034 2244 or +1 323 984 8908.

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Tagged under: Compliance, Cyber Security, GDPR, ISO27001, Outsourced IT Support

About Jennifer Castro

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