Security and Compliance Frameworks

Cyber security compliance is all about ensuring that the companies adhere to all the important regulatory requirements and follow the national and state-level cyber laws to protect sensitive information.

Organizations have to implement the systematic risk governance approach that combines with the respective authorities, industry-relevant units, and laws to meet the data management requirements.

An information security management system that adheres to the regulatory requirements to guide companies about the precautionary measures that should be followed to minimize the possibility of a breach.

IT security compliance helps in monitoring and accessing the process of devices, systems, and networks that adhere to regulatory compliance requirements.

Various Frameworks

SOC 1: Report on controls at a service organization relevant to user entities’ internal control over financial reporting.

SOC 2: Report on controls at a service organization relevant to security, availability, processing integrity, confidentiality, or privacy.

SOC 3: General use report covering the same subject matter as a SOC 2.

SOX: U.S. law requiring internal controls and procedures for financial reporting.

ISO 27001: International standard for implementing and managing information security management systems.

ISO 27017: Extension of ISO 27001 for cloud service providers.

ISO 27018: Extension of ISO 27001 for protecting personally identifiable information (PII) in public cloud environments.

ISO 27701: Extension of ISO 27001 for implementing and managing privacy information management systems.

PCI-DSS: Security standard for protecting cardholder data during processing, storage, and transmission.

HIPAA: U.S. law establishing privacy, security and breach notification standards for protected health information (PHI).

HITRUST: Comprehensive security framework for the healthcare industry, aligning with regulations like HIPAA.

FedRAMP: U.S. government program for assessing and monitoring cloud service providers’ that provide services to US government agencies.

DoD SRG: Defines the baseline security requirements used by DoD to assess the security posture of a cloud service provider.

CMMC: Cybersecurity framework designed to enforce protection of sensitive unclassified information shared by the Department of Defense with its contractors and subcontractors.

NIST CSF: Framework by NIST providing guidelines for managing and improving cybersecurity posture.

NERC-CIP : Introduced to mitigate the rise in attacks on U.S. critical infrastructure and growing third-party risk, the North American Electric Reliability Corporation – Critical Infrastructure Protection (NERC CIP) is a set of cybersecurity standards designed to help those in the utility and power sector reduce cyber risk and ensure the reliability of bulk electric systems

UK Cyber Essentials: UK government-backed scheme assisting UK organizations in implementing essential cybersecurity controls.

CSA STAR: Security, Trust, and Assurance Registry for evaluating cloud service providers’ security practices against the CSA’s CCM.

FISMA : A comprehensive cybersecurity framework that protects federal government information and systems against cyber threats. FISMA also extends to third parties and vendors who work on behalf of federal agencies

IRAP: The Information Security Registered Assessor Program (IRAP) provides a comprehensive process for the independent assessment of a system’s security against Australian government policies and guidelines

GDPR: European Union regulation protecting personal data and granting individuals greater control over their information.

CCPA: California Consumer Privacy Act enhancing consumer privacy rights and businesses’ obligations in California.

PIPEDA: Canada federal privacy law governing how private-sector organizations collect, use, and disclose personal information related to business activities of commercial for-profit enterprises.

Benefits of Cyber Security Compliance

• Avoid penalties and fines
• Build customer trust and brand reputation
• Improved data management
• Enhanced security
• Improved access control and accountability

The increase in cybercrime has increased the pace of implementing cybersecurity compliance. However, more targeted frameworks and a strict environment can help identify cyber criminals and minimize attacks. So, keep your cybersecurity compliance software updated and stay in touch with experts.