According to PwC’s Global Risk Survey 2023, 40% of surveyed business and risk leaders reported improving their organization’s approach to risk in the last year to strengthen compliance with regulatory standards. Among the top-performing 5% of organizations, this figure skyrocketed to 81%. But what’s driving this significant leap? The solution resides in clearly recognizing and…
Just as a citizen has to obey the rules and laws of their country, a business has to abide by a specific set of rules and legal boundaries set by the government and regulatory authorities. In business parlance, this is known as ‘compliance.’ Compliance is the broad structural framework by which companies are expected to…
If you’re using AWS EC2 (Elastic Compute Cloud) for your infrastructure, you might be wondering if you need to do anything to meet the security standards for handling government data. The good news is that your cloud service provider has already taken care of that with FedRAMP (Federal Risk and Authorization Management Program). FedRAMP sets…
Cloud Service Providers (CSPs) aiming for FedRAMP authorization must categorize their systems’ security impact levels as per FIPS 199, a NIST standard. However, there’s always an initial confusion of how accurately you can categorize systems. Misclassifying systems, either by over-securing or under-protecting, often cause a delay in authorization or expose sensitive data to risks. So,…
Keeping up with compliance feels less like a quick sprint and more like a marathon—one that never really ends. Regulations keep shifting, new policies emerge, and staying ahead can feel like a full-time job. If it feels overwhelming, you’re not imagining things. A recent study found that 38% of companies are already outsourcing parts of…
Like all organizations, government agencies use cloud solutions. StateRamp provides a ‘verify once, serve many’ model for these agencies to trust their third-party service providers. In this article, we’ll learn all about StateRAMP, including who requires it, who its members are, the compliance process, its security statuses, and its benefits and challenges. TL;DR Compliance with…