How Does Security Compliance Strengthen Enterprise Security?
Lawmakers around the world are busy enhancing the existing rules and regulations to meet the ever-changing needs of enterprises and keep them immune from external and internal threats. Information security compliance has always been seen as a thorn in the flesh for many IT companies and they are not too keen to comply with the regulations. It is seen as a control measure and a structure by many to which they have to adhere. From early days of data protection laws to the ever-changing nature of today’s world, things have come a long way and it has now become a nightmare for companies to deal with a number of rules and regulations. Some of the prominent regulations that companies have to adhere to are—Sarbanes Oxley Act (SOX), which is there to protect financial institutions from fraud and any abuse; Healthcare Insurance Portability and Accountability Act (HIPPA) is there for healthcare providers and Payment Card Industry Data Security Standard (PCI DSS).
If security compliance regulations are adhered to and followed in totality by the companies then it would act as a boon for the IT companies rather than a cumbersome job that companies are supposed to do. If every aspect of information security is taken into account then complying with the rules and regulations is only going to strengthen the overall security structure of the company, rather than putting a roadblock in its way.
Now the question arises, how to build a comprehensive and robust information security program? There are many factors that should be taken in account before opting for a sound and efficient information security program. These are: Governance, Policies, Plans and Procedures. An information security compliance program consists of a minimum set of rules and regulations that has to be followed by any company that wants to protect its data from any security breach. They need to have well-defined and outlined processes and practices in place to assess and reassess the information security cover in place from time to time and change it according to the needs. Keeping the top hierarchy in the loop is a very important aspect of any successful security compliance program.
Information compliance has now become an operational concern for organizations across the wide spectrum of industries. There are a number of standards that the companies have to deal with on a daily basis. There are standards in place to tell you that access to sensitive data should be protected by a security cover, but at the same time it doesn’t tell you that which part of data is sensitive and which one is not. There’s a constant need to bring all the data sources together and finding the vulnerabilities in order to choose the best option available for your organization.
Industry standards serve as an outline that helps as a guideline in determining the best standards for your company and how companies should comply with it to attain success in today’s environment. Another important aspect of information security management is putting the theory and standards into practice to check the viability of the processes for the company.
There’s an evolving need for companies today to comply with multiple regulations at the same time, like Sarbanes Oxley Act (SOX), Health Insurance Portability and Accountability Act (HIIPA), Graham Leach Bliley Act and many others. These standards are there to make sure that enterprises are sticking to the regulations in order to improve information security management. Contrary to this, if enterprises are not able to protect and safeguard their information, then it might lead to a huge loss and escalation of cost, which might not be such a good thing for any enterprise. So, there’s a growing need to integrate compliance regulations with the information security plan of any organization to cut down cost, reduce complexity and to put a proper information security program in place for the long term.
Information security programs should not be seen as the cure to all the ills that plague the information security landscape. The regulations are just guidelines which enterprises need to follow in perfect synergy with the top leadership to develop a perfect and robust information security management program that should help them achieve their goals.