Compliance As A Service
Managed Compliance for Your Information Security Management Obligations
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Our Compliance-as-a-Service (CaaS) solution can help your business achieve, maintain and demonstrate its data security compliance requirements.
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Given the increasingly stringent data protection and privacy regulations now being enforced globally, your business can no longer allow compliance to take a backseat. Achieving compliance requires both fulfilling all your obligations under applicable regulatory standards and being able to provide documented proof in order to pass any regulatory audits.
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You need a comprehensive solution that automates and helps streamline the necessary compliance processes, making it easier for you to adhere to extensive regulatory requirements.
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Why You Should Partner With Specialists:
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Our managed compliance solution can help your business achieve and maintain its data security requirements, help streamline the ongoing compliance processes, and stay up to date with the complex and evolving data protection laws and regulations worldwide.
We can help you:
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Identify security vulnerabilities through automated assessments of your internal and public environments.
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Demonstrate due diligence or due care efforts mandated under the various industry and global standards with on-demand reporting and activity logs.
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Provide the required documentation and records needed to complete and pass a compliance audit within a single, easy-to-use portal.
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Help you fulfill the ongoing security and risk management tools and strategies needed to maintain a compliance environment as part of normal operations.
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In Australia, we like to assist our clients to align Cyber Insurance and the Essential 8 to the over arching ISM framework ( Information Security Manual (ISM) | Cyber.gov.au)
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Broader Global influences that need to be at least explored here in Australia.
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HIPAA
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The Health Insurance Portability and Accountability Act or HIPAA, is a compliance standard that is designed to protect sensitive patient data. Any organization that deals with protected health information (PHI) is obligated to maintain and follow process, network and physical security measures in order to be HIPAA-compliant.
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Concerns Associated With HIPAA Compliance
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· HIPAA violations attract hefty penalties.
· Adequate training for handling PHI and dealing with malicious security attacks is critical.
· It is imperative to have a Security Incident Response Plan (SIRP) in place to deal with a security event.
· Professional assistance is required to handle the complexity of audits and to maintain the right documentation.
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GDPR
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The General Data Protection Regulation or GDPR, is a regulatory standard according to which businesses are obligated to protect the privacy and personal data of European Union (EU) citizens for all transactions that are carried out within the EU member states. The GDPR standard is intended to unify and reinforce data protection for all individuals that reside within the EU and to control the export of personal data outside the EU.
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Concerns Associated With GDPR Compliance
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· Businesses need to be prepared to adapt, test, maintain and demonstrate compliance with evolving GDPR requirements.
· Non-compliant businesses are liable to pay hefty penalties and can also be temporarily or definitively banned.
· Ambiguous terms and lack of clarity render GDPR compliance difficult to handle without professional assistance.
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NIST CSF
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The National Institute of Standards and Technology (NIST) has developed a framework called the Cybersecurity Framework (CSF) to streamline cybersecurity for private sector businesses. NIST CSF is a set of voluntary standards, recommendations and best practices that are designed to help organizations prevent, identify, detect, respond to and recover from cyberattacks.
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Concerns Associated With NIST Compliance
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· Most businesses do not possess in-house expertise to safely adhere to NIST CSF requirements.
· Businesses need to understand their unique cybersecurity risks and vulnerabilities to properly design, implement and manage their security programs and best practices.
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