At CloudTech24, we work with our customers to achieve their alignment to cybersecurity compliance requirements. This provides a win-win whereby best practice is instilled within the business to mitigate risk and a competitive advantage is provided by ensuring that a minimum cyber security standard is met. In turn, a businesses’ clients and prospect rest assured in the knowledge that they are interacting with a company that takes security seriously.
Cybersecurity Compliance & Your Business
Compliance isn’t something that should be thought of as merely regulatory compliance. Security breaches are prevalent and can be a huge drain on time and financial resources.
Business continuity is essential in an age where communications are largely electronic and operational infrastructure heavily relies on IT provision. Cyber security compliance frameworks provide a structured way to improve your security controls and ensure that you are meeting robust cyber security standards.
UK Businesses & the National Cyber Security Centre (NCSC)
If you are UK business, the NCSC is the government authority on cybersecurity compliance. Their main cybersecurity program is the Cyber Essentials scheme, designed to support businesses with ensuring that their cyber security is meeting a minimum cyber security standard.
Businesses working on a larger scale might have a requirement for Cyber Essentials Plus – a more comprehensive assessment involving a site visit from an accredited assessor, such as CloudTech24.
Global Businesses, Cyber Threats, and Compliance Programs
Business outside of the UK, for example in the United States, are subject to other national standards. Popular are frameworks and cyber security standards set by NIS, CIS, and MITRE ATT&CK. CloudTech24 frequently work with businesses to ensure that their security controls and cyber security compliance aligns to these frameworks, ensuring effective business continuity management and risk mitigation.
Cyber Security Compliance – Is It Required?
In short, there is no one answer for this question. Different industries have industry specific regulations.
In the UK, if you are FCA (Financial Conduct Authority) regulated, there is no specific requirement for you to align to any specific cyber security compliance program. However, if you are working in an industry such as finance, accounting or law, you are potentially in possession of a valuable asset which will be targeted by external threat actors. That could be sensitive data such as personally identifiable information or detailed financial information. It is therefore recommended that you understand the cyber risk to your business and review security controls as soon as possible.
If you are in the US, the SEC is the regulatory agency for financial markets. Organizations failing to protect data and systems could find themselves on the receiving end of a large fine and substantial business disruption. In California for example, there is the California Consumer Privacy Act which carries penalties in the event of a security or data breach.
If you are a business that operates globally, the international standard is ISO:27001. It is often a requirement of businesses dealing with large enterprises that their cyber security compliance program aligns with ISO27001. This involves a detailed, expansive, and granular level of security measures to be implemented in order to fulfil compliance obligations. and To learn more about ISO27001, click here.
How can CloudTech 24 help?
CloudTech24 are a leading provider of cybersecurity compliance services. We support businesses in their compliance efforts by helping them to meet regulatory requirements and industry regulations requirements.
We have a wealth of knowledge and experience in dealing with cyber attacks, all the way from prevention to incident response. In addition to cyber security compliance services, we offer continuous monitoring, vulnerability assessments (risk assessments), and cyber resilience training.
Frequently Asked Questions about Cyber Security Compliance:
Please see below for some common questions on our cyber security compliance services. If you would prefer to speak to someone then give us a call and speak to one of our team in our global offices so we may better understand your requirements.
WHAT IS THE DIFFERENCE BETWEEN CYBER SECURITY COMPLIANCE AND CYBER SECURITY?
Cyber security compliance is the practice of aligning your cyber security infrastructure and processes to specific regulation or legal requirement. Cyber security is a noun used to represent the measures taken to protect an enterprise for cyber attacks.
WHY IS COMPLIANCE IMPORTANT IN CYBER SECURITY?
Compliance ensures that you align with regulated security standards and requirements.
WHAT ARE THE DIFFERENT STANDARDS FOR CYBER SECURITY COMPLIANCE?
In the UK, the national standard for cyber security compliance is Cyber Essentials. Globally, there are many standards and frameworks for different industries and verticals.
CloudTech24 focus on compliance and alignment for best practice alongside a defined approach for IT management and effective cyber security strategy.
WHAT IS CYBER RISK AND COMPLIANCE?
Cyber risk is the risk associated with a cyber attack.
Compliance is your alignment to specific requirements and regulations made by an organisation. You can be compliant and still be at risk.
WHAT IS COMPLIANCE ASSESSMENT IN CYBER SECURITY?
An assessment denotes that you are being assessed against specific criteria. In the given example of cyber security compliance, you are essentially being audited against the criteria set out by a specific framework such as NIS or Cyber Essentials.
DOES COMPLIANCE EQUAL SECURITY?
No. Complying with a framework in one thing but to actively secure your business information assets is another. Compliance will certify that you have met a minimum cyber security standard, but robust cyber security requires proactive monitoring, review, engagement, and response.