As information security policies and regulations evolve, it becomes increasingly important that your cybersecurity architectures, processes, tools and the people in your organization can adapt. The IT security requirements also keep adjusting in line with the data privacy regulations, increasingly sophisticated ransomware and the regularly reported critical vulnerabilities.
Gaps in the ability to address the requirements of current and upcoming regulations can impact software and partner selection as well as future business strategy. Team Sourceably is here to help reduce the confusion around regulatory compliance, and help you to understand the impact and guide you to update your security posture accordingly. While every enterprise's needs are different, the Sourceably team is here to summarize the impact of these laws, regulations and rules in a simple and easy to use Cybersecurity Assessment:
1. Privacy
In the data domain, privacy is one of the critical components of a data security framework that safeguards personally-identifiable-information (PII) from unauthorized use and access. Most organizations collect, share, maintain and process personal information (PII) of clients and employees. Using Sourceably's cybersecurity assessment and consultation, you can get a clearer picture of the organization's risks related to privacy policies and auditable controls. A lax attitude in data privacy compliance can result in steep penalties for violations presently applicable in different parts of the world - including the European Union's GDPR, Brazil's LGPD and the CCPA and PIPEDA in North America.
2. Compliance
Regulated industries such as Insurance, Banking, Food, Beverage, Pharma, Medical, Healthcare and others have established industry specific regulatory requirements for Information Security. The security questionnaire at Sourceably uncovers risks regarding audit assurance and compliance gaps against recognized information security standards like ISO 27001/2, NIST, CIS and others. By performing this assessment, your organization is in a better position to identify potential gaps to address internally and then externally promote a good posture to your partners.
3. Cloud security
Gartner has estimated that the overall spending on public cloud services will grow by 18% in 2021 and become more widespread in the upcoming years. As part of organization modernization and digitization strategies, the increased use of cloud-based infrastructure, platforms and technologies also demands the adoption of stringent cloud security measures especially in areas of data loss prevention, data security, privacy, encryption and identity management. Once you complete Sourceably's cybersecurity assessment, you can ensure the use of industry best practices such as NIST CSF, CSA's CAIQ and others to secure your operations in the cloud and to be a confident partner to other enterprises.
4. Security Posture
A business entity's Security Posture refers to the cumulative security status of its hardware, software, networks, and services. It involves various security controls such as network security, information security, vendor risk management, and data breach protection. As your company's security posture strengthens, your cybersecurity risks are more mitigated. Sourceably has created a proprietary cybersecurity assessment with industry experts based on experience in the pharmaceutical, insurance, food, medical devices and many other regulated industries. Our comprehensive questionnaire takes the core of ISO 27001/2, NIST, CIS, GDPR and others and presents it in a simplified, easy to respond manner. Get Started with your Sourceably Cybersecurity Assessment today!
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