The big question today is what is cybersecurity compliance? When researching this, I found a very formal definition saying that cybersecurity compliance is, at its core adhering to standards and regulatory requirements set forth by some agency law or authority group. Organizations must achieve compliance by establishing risk-based controls that protect the confidentiality, integrity, and availability of information. Now, I found another definition that I think is a bit more straight forward that cybersecurity compliance means following the rules and requirements from various sources, such as laws, contracts, or industry groups, to protect the data that is stored or transferred electronically. The key idea here is that these rules and requirements aim to ensure the confidentiality, integrity, and availability of data. Cybersecurity compliance involves evaluating risk, adopting controls, and proving due diligence. The sources and standards of cybersecurity compliance may differ by sector and location. Unfortunately, due to the dangerously high threat levels of our current cybersecurity landscape, we're seeing more and more compliance requirements coming out of the federal, state, local governments as well as industry groups. One key group is the insurance industry. Now, I highly recommend that all businesses get cybersecurity insurance, but these days it's often easier said than done. Not only has the provider marketplace contracted over the last few years, the requirements of dramatically gone up. The insurance companies used to have a one-page questionnaire with five questions for qualification, and they now have multiple pages of in-depth questions about every single cybersecurity protection you have implemented. #TechSageSolutions#Compliance#Cybersecurity
