With the world going cyber, the need for cybersecurity has become more of a necessity than a suggestion. Digital attacks pose a threat that goes beyond any physical breach of security, as the effects can be felt organization-wide. But with so many laws and cybersecurity regulations, it can be hard to keep track of what is needed for your business to stay secure and compliant.
The Importance of Cybersecurity
Securing your data is an essential aspect of running a successful business. Because without it, everything can be gone in the blink of an eye—from customer information to financial records, and even intellectual property. Plus, with the increase in remote work comes the increase in opportunities for cyber criminals who have become increasingly sophisticated. So much so that an average company spends 197 days to identify and 69 days to contain a security breach.
How Regulations Keep Your Business Secure
Cybersecurity regulations are put in place to ensure that businesses are taking the necessary steps to keep their data secure and safe from digital threats. Each regulation, however, is specific to an industry or a set of industries, so it’s important to keep track of what your business needs to stay compliant.
If you fail to stay compliant, the consequences can range from minor fines to major legal issues. And with big companies like Equifax and Target receiving heavy fines for their failure to protect customer data, no business should skip out on these regulations.
Common Cybersecurity Regulations and Who They Apply To
The Health Insurance Portability and Accountability Act (HIPAA) is a set of rules and regulations in the United States meant to protect an individual’s health information. Any organization that deals with sensitive health data must comply with HIPAA regulations to protect the personal information of their patients or customers in order to avoid legal consequences.
The Cybersecurity Maturity Model Certification (CMMC) is a government requirement for any organization dealing with Controlled Unclassified Information (CUI). Organizations need to be compliant with CMCC to receive and process any type of CUI.
The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards meant to protect credit card data when it is being processed. All companies that accept or process payment cards must comply with PCI DSS to remain compliant and protect their customer’s data.
The Federal Energy Regulatory Commission (FERC) is a federal agency that sets regulations regarding the transmission and distribution of energy across the United States. Organizations working with this type of data must be compliant with FERC to operate legally.
The National Institute of Standards and Technology (NIST) is a government agency that sets standards for federal agencies, businesses, and other organizations regarding data security. Federal government agencies and contractors must comply with NIST.
How adrytech Can Help You Stay Compliant
At adrytech, compliance is more than a checklist—it’s our top priority. Our team is highly experienced in staying up-to-date with the latest cybersecurity regulations and offers comprehensive services to help you stay compliant, no matter what industry your business is in.
From auditing and assessing your current cybersecurity practices to helping you implement the best security solutions tailored to your budget, our team of experienced professionals can help you navigate these complex regulations so that you don’t have to worry about any legal issues down the line. Contact us today.
How to Protect Your Business From Hackers
Cyber criminals are constantly stealing information from hundreds of growing companies with the average employee of a small business, getting 350% more social engineering attacks than those of a larger enterprise.
Schedule a free cybersecurity assessment today to see how Adrytech can help you secure your business from hackers.