In an almost fully digital society, cybersecurity isn’t just about having the latest antimalware technology, software, or protocols, or having the best people. For the most part, compliance plays an important role in the cybersecurity world.
Before businesses are allowed to operate via digital means, security organizations and the government impose certain guidelines and standards to ensure sufficient information security within firms. This is what compliance is. Many misunderstood compliance as a bunch of hefty requirements but in reality, compliance is a set of security protocols that will help businesses protect critical data.
The best way to think of compliance is quality assurance. Through compliance procedures and requirements, the quality of a firm’s security system is measured and assured.
Unfortunately, compliance appears to bring nuisance and fatigue to most businesses. The primary reason for this is the tons of standards that a business has to comply with. The more industry your business deals with, the more compliance standards you are required to meet.
For example, a health institution such as a clinic or hospital is required to comply with HIPAA (Health Insurance Portability and Accountability Act) to ensure the safety of PHI (Private Health Information). If that hospital or clinic accepts credit/debit cards as a mode of payment, they are then required to comply with PCI (Payment Card Industry) security standards. This is on top of local compliance standards, state standards, federal standards, and of course, international standards (if you do business abroad). In short, a business would have to go through a handful of compliance requirements before it can operate.
This is where compliance fatigue happens. Maintaining, pursuing, and monitoring these compliance standards is a true headache for businessmen. That is why a great demand for CISO of Chief Information Security Officers exists because businesses today are willing to invest in security and have dedicated people monitor and maintain all their compliance needs.
At the same time, like TrinSecurity, compliance now becomes a huge part of the services that cybersecurity firms offer. From assessment, consulting, to assistance, cybersecurity firms assist thriving businesses to meet their compliance needs.
The Future of Compliance
As technology evolves, compliance standards also continue to grow in number. The good thing is, people are now noticing that meeting all these compliance standards can be counterproductive for some firms. Firms that do not have the expertise or budget to invest in compliance officers might be forced to close down.
The government, with the help of security compliance standards and experts, has been working on simplifying these standards. As of now, there’s no material fruit to it yet but we are looking at a time where complying with all these standards would be simple and effective.