With technology advancing at an unprecedented pace, an increasing amount of personal data is being collected, processed, and shared. Well, as data being the center of it all, GDPR is the talk of the hour. Companies need to be GDPR compliant to work with European clientele. But what exactly is it, and how to comply…
Risk assessment is critical to comply with the Payment Card Industry Data Security Standards (PCI DSS). It helps organizations identify and mitigate threats to cardholder data. As we know, PCI DSS is a set of security compliance standards developed by the PCI Standard Security Council to protect cardholders’ data; hence, it is mandatory for all…
According to a recent study, 62% of data breaches stem from vulnerabilities in third-party relationships, highlighting the importance of rigorous third-party due diligence practices. As businesses forge complex alliances, robust third-party due diligence becomes a critical defense against inherent risks and exposure. Third-party due diligence practices are an essential safeguard for SaaS enterprises that manage…
According to a recent report by IBM, the average data breach cost was $4.45 million in 2023. This staggering figure emphasizes the critical importance of robust cybersecurity practices for all organizations. For SaaS entities managing sensitive user data, obtaining accreditation with the Cyber Essentials certification signifies a dedicated adherence to stringent security standards, instilling trust…
Maintaining regulatory compliance is a familiar challenge for companies, irrespective of their size. Compliance reporting is largely manual and can take up a significant amount of time and resources. And then there’s human error. Needless to say, all of these factors add up—whether it results in inefficiencies or duplication of effort, inaccurate reporting can certainly…
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