For companies in healthcare, obtaining a HITRUST(Health Information Trust Alliance) Certification acts as a benchmark to ensure data protection standards. According to a survey by HIMSS, 81 percent of US hospitals and health systems and 83 percent of health plans utilize HITRUST, making it the widely adopted control framework in the healthcare sector. Today, the…
Since 28 January 2022, data protection authorities have imposed €1.64 billion in GDPR fines across Europe. Such penalties are like roadblocks in any organization’s growth path, as they can significantly impact the company’s revenue and reputation. So, if you’re required to comply with the General Data Protection Regulation, it is essential to understand what exactly…
Vendor breaches were identified as one of the biggest threats, and 87% of organizations have faced breaches with vendors in the last three years. A successful relationship with vendors means more than just transactions. Vendor management is a strategic compass, navigating businesses through procurement complexities and choices concerning the choice of partners, from signing contracts…
Creating a compliant organization is a high-stakes endeavor. Strict regulations have made organizations and institutions take compliance efforts more seriously. Given the sophisticated nature of compliance, it is challenging to allocate a budget that influences security policies and creates a disciplined compliance environment. So how do you, as a CTO, decode the compliance budget and…
Did you know 60% of the world’s corporate data is stored in the cloud? While businesses today heavily rely on cloud infrastructure because of its ability to drive business agility at scale, there’s one aspect that can turn out to be a dealbreaker—security. Imagine you’re a salesperson in a cloud-based start-up. What’s the first question…
Cybercrimes and threats are quite prevalent in this day and age—to the extent that almost everyone knows of one such incident. A recent study suggests that cybercrime could cost the world an estimated $10.5 trillion by 2025. In March 2023, the US government released a National Cybersecurity Strategy, and President Biden stated that “cyber security…
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