Chief Compliance Officer: Leading Corporate Compliance
Compliance is a mandate for industries such as healthcare, fintech, information technology, telecommunications and more. Within these sectors, the frameworks’ increasing complexity necessitates meticulous supervision and effective maintenance of the compliance function. Regulatory bodies are getting stricter with enforcement actions, imposing severe penalties and fines in place. Moreover, as businesses expand globally, geographical challenges arise…
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Sep 05, 2024
The 5 Tests Of Controls To Verify Cybersecurity Measures
An audit contains various steps like planning and preparation, selecting a focus area, creating a checklist, informing various teams, and so on. However, it cannot take place without the tests of controls. In fact, both SOC 1 and SOC 2 audits require testing relevant controls to ensure compliance validity. Hence, let’s understand what are the…
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Sep 04, 2024
Types of Security Controls With Examples [How to Implement]
In Dec 2022, OU Health, a hospital in Oklahoma, notified about 3000 patients about a breach of their health data after an employee’s laptop was stolen. Sensitive data like treatments, social security numbers, and insurance details were compromised. The incident highlights the importance of implementing all types of security controls. But what are security controls?…
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Sep 04, 2024
Guide to Privacy Compliance [Examples, Challenges, & How to Comply]
As cloud adoption accelerates, privacy compliance regulations like GDPR or CCPA are no longer just a sales blocker but compulsory. Designed to protect customers’ sensitive data, these compliance frameworks can become costly if ignored. Let’s take Yakima Valley Memorial Hospital, for example. After an investigation by the Office for Civil Rights, they paid $240,000 in…
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Sep 01, 2024
Implementing IT Governance Frameworks: Best Practices for Business Alignment
There are two key contributors that have led to the rise of IT governance and for good. First, there is an increasing acknowledgement on IT concerns as business problems; IT is no longer seen as a siloed function. Second, IT professionals today need to think beyond data, tools, and processes to earn a seat at…
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Jul 23, 2024
List of ISMS Frameworks: How to Choose the Right One
One of the best ways to adhere to security best practices is using a compliance framework. These guidelines offer a practical, step-by-step, and holistic approach to manage, monitor, implement, and maintain your security objectives. ISMS frameworks are the gold standard of improving posture and gaining customer trust. Let’s understand the most popular ISMS frameworks in…
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Jun 24, 2024
