Cybersecurity risks have become a daily struggle for most businesses and keep many executives up at night. In fact, recent trends indicate a sudden increase in hacked data sources in workplaces through mobile and IoT devices.
What’s more, some research shows that most companies have poor cybersecurity practices, which make them vulnerable to data loss. In fact, according to Ponemon Institute, 69% of organizations don’t believe the threats they’re seeing can be blocked by their anti-virus software.
That’s where bringing in a team of experts to help with your compliance and governance program can help protect your business.
Managing confidential data is not an easy task. To combat cyber crime, you will need an efficient approach that aligns the governance initiatives with your overall business strategy. The ideal approach should be easy to adjust over time.
That’s why we have come up with an approach that operationalizes the NIST SP 800-30 framework to ensure that we deliver a continuous cybersecurity program. Additionally, our SDI services actively address NIST SP 800-37 and 53, FIPS 199, and FIPS 200 compliance, as well as other standards in the industry.
IT Compliance and Governance
Compliance is an essential component of any cybersecurity program. As a business owner, you are legally required to comply with certain stated policies, laws, standards, laws, and regulations.
Because corporate compliance is always evolving, remaining compliant can be challenging. A well-rounded information security GRC (Governance, Risk, and Compliance) framework will help you in the formulation of sustained management of potential information security risks.
Risk Management & Compliance
Long and expensive audit periods and confusing governance and compliance language are some of the challenges that most global organizations face. Complying with the rules for the collection, use, and storage of customer information is the main reason why most businesses have GRC solutions. Failure to abide by the regulations governing the use of client information can lead to costly fines and other harsh actions.
The compliance rules your organization has to follow will depend on the industry you are serving. There are separate regulatory compliance rules for retail, healthcare, energy, financial, and other industries.
The Health Insurance Portability and Accountability Act, or HIPAA, along with the HITECH Act, is enforced in healthcare organizations. The HIPAA act mandates that all healthcare providers, hospitals, health plans, and all other covered entities should implement privacy of PHI (protected health information of patients).
Not only that, but business associates such as insurance agencies, management companies, etc., that receive access to PHI must also comply with HIPAA. (Learn more on whether your business needs to be HIPAA compliant in our Complete Guide to HIPAA for Business Associates.)
HIPAA compliance requires organizations to protect protected health information in both physical and digital forms by following specific practices for storing, sharing, and securing data.
Healthcare organizations should implement best practices to maximize security following HIPAA requirements and minimize the possibility of a data breach.
PCI DSS Compliance
If your organization frequently processes, stores, and transmits credit card information, then you are required to comply with Payment Card Industry Data Security Standard, or PCI DSS.
Although this standard is not federally regulated like HIPAA, many states have created laws with similar standards, and it is upheld by all major credit card organizations. A failure to comply with PCI DSS can lead to serious repercussions, including fines from Visa or Mastercard and removal of business accounts from banking institutions.
Due to the evolving threat landscape, PCI DSS requirements are always being updated. Therefore, it can be a challenge to keep your security program compliant.
Sarbanes Oxley (SOX) Compliance
Also commonly referred to as SOX, this is a government act that affects all financial organizations. Since 2002, SOX has been a tidal wave that has prompted financial organizations to implement internal controls that can ensure the effectiveness of their financial statements.
These controls are meant to ensure effectiveness in your business, and they are related to key controls, including privileged access, logical access, and segregation of duties, among others.
To ensure that your organization remains SOX compliant, you should first conduct an audit on the infrastructure that processes financial data and review access, change management, security, and the existing backup procedures to come up with the best plan of action.
Ensure that you use only the best security and backup controls to ensure that all financial data is accurate and also well-protected against loss.
NIST Standards Review
The National Institute of Standard and Technology has existed for almost 12 decades, and it supports the smallest to the largest technologies and human creations. Since its conception, NIST has released several publications that support all industries. Most of these NIST publications involve minimizing risks to your production environment.
Although most security service providers only deliver a single approach without first considering the business objectives, risk profile, and security strategy, at AIS, we have come up with a unique approach that includes NIST security assessment in every engagement.
By using a thorough, NIST-based approach, our professionals learn the strengths and weaknesses of your organization and the areas have the greatest risk.
Comprehensive Compliance Management
Compliance management is the process by which your manager’s plan, control, organize, and lead various activities that ensure that your organization remains compliant.
At AIS, we understand the consequences of failing to comply with the laws and regulations that govern your specific industry. We identify and deploy the best security practices and reduce potential risks with our multi-compliance managed cybersecurity framework, which includes comprehensive security testing and protections:
- Threat Detection Security Operations Center
- SIEM Security Operations Center
- Managed Secure Web Gateway
- Network Access Control Security Operations Center
- Managed Email Security
- Managed UTM
- Managed Two-Factor Authentication
- MDR for Endpoints
- Managed IDS/IPS
- Firewall Management Security Operations Center
- Incident Response & Readiness Security Operations Center
- SSL Certificate Lifecycle Management
- Managed Security Testing
- Managed Web Application Firewall
- Database & Big Data Scanning
- Application Scanning
- Network Vulnerability Scanning
- Managed Security Services
- Risk Assessment
- PCI Compliance
- PCI Compliance Validation
- Compliance Management
- Security Awareness Education
- Secure Development Training
- IT Consulting Firm
- IT Security
- Managed Cybersecurity
Get Professional Security Assistance from AIS to Remain Compliant
Through effective compliance and governance management, you and your business will be protected from potential risks.
At AIS, we use our years of technical experience and industry expertise to help you become compliant, and ensure that your organization moves on a reasonable and responsible path to achieve comprehensive information security.
Learn more about how our compliance and cybersecurity services can benefit your business by scheduling a consultation with one of our specialists today.