Banking and financial systems often go unnoticed by the general public despite the fact that they support daily tasks. The US government even classifies financial systems under critical infrastructure. With both America and European countries relying heavily on technology, they have attempted to keep pace with new banking cybersecurity regulations. Ever wondered about the differences in cybersecurity regulations of banking in Europe vs. the US? Read on to find out now.
Blog
-
What To Look For In Cybersecurity SaaS Companies
No matter what industry you’re in, cybersecurity typically isn’t something that can be handled on your own. And most organizations recognize this fact, with only 25 percent of companies having their own standalone cybersecurity department. That’s precisely why firms are increasingly turning to cybersecurity SaaS companies to help protect their sensitive data.
But that doesn’t mean that all SaaS cybersecurity products, vendors, and partners are created equal. While there is a slew of SaaS companies with various products on the market designed to help you protect your data in the cloud, you’ll need to be careful and diligent throughout the evaluation process to ensure you select the right long-term partner.
Depending on your industry, type of systems, customer base, and many other factors, you’ll need to think long and hard before selecting a SaaS cybersecurity company. From technological know-how to customer support and compliance, here’s how cybersecurity SaaS companies can protect your company’s sensitive data and what to look for when choosing one.
-
Why BYOD is Bad For GDPR Compliance
More organizations than ever are looking for ways to cut overhead costs. Some are giving their employees the option to work remotely. Others are allowing them to use their personal devices (i.e. laptop, cell phone, etc.) to do their work on in place of a company-owned device.
Although adopting a Bring Your Own Device (BYOD) policy might allow your company to scale and pivot as you grow, it also comes with tremendous risk from the security front. With more global organizations choose to adopt these BYOD, they invariably come in contact with General Data Protection Regulations (GDPR) that ensure the protection of user data that flows through a company’s network.
As such, it would be best to consider developing an ironclad, yet flexible BYOD strategy to ensure your organization doesn’t get hurt by potential GDPR compliance mishaps. Let’s run through the potential issues with BYOD and GDPR and point you in the right direction towards keeping your network data safe while decreasing your risk for getting hefty GDPR compliance fines.
-
CCPA Compliance: What You Need To Know
The California Consumer Privacy Act (CCPA), widely regarded as the most extensive consumer privacy law in the United States, is set to be implemented on January 1, 2020. This landmark legislation on data protection is also considered as one of the toughest privacy-related laws in the world and poses a challenge to all businesses that collect personal information from consumers of California.
Similar to the General Data Protection Regulation (GDPR) that protects personal data of all European Union-based residents, the CCPA applies to all business entities regardless of their location. It gives California residents control over how their personal data is handled.
As the date of CCPA implementation nears, this comprehensive guide to CCPA compliance will discuss everything you need to know about this historic privacy law.
-
Shadow IT Risk: Q&A with Cybersecurity Expert Sai Huda
When it comes to cybersecurity risk, it’s easy to overlook one of the primary targets that hackers are starting to go after: your own employees. More specifically, cyber criminals are now going after what’s known as companies’ “Shadow IT” ecosystem, hacking into software and apps employees use without the approval and/or knowledge of your IT department.
According to Gartner, by 2020 approximately one-third of successful enterprise cyber-attacks will be on data and systems located in shadow IT resources. And that’s not to mention the regulatory compliance risks that organizations run by having sensitive data potentially being handled, transferred, and passed around on apps that may or may not have the proper security measures.
I recently caught up with globally recognized cybersecurity expert and author Sai Huda to help demystify shadow IT, explain the true risks that shadow IT presents, and provide IT leaders with sound strategies to tackling shadow IT within their organizations.
-
Pros & Cons of Bring Your Own Device (BYOD)
For some people, BYOD pros and cons may sound like an office Christmas party request gone awry. In actuality, BYOD stands for Bring Your Own Device. This particular four-letter acronym poses a serious cyber-security question for every company, regardless of size. Whether you are a corporate giant or a small business, the pros and cons of bringing your own device require a BYOD top-down policy.
Allowing your employees to make that decision independently or not addressing the potential security issues that come with BYOD is a grave mistake. That’s because your mobile device, especially when connected to your company’s network, offers an opportunity for hackers to exploit.
However, unilaterally banning personal devices from your workplace may provoke a riot among your employees. There are also productivity advantages of allowing personal devices for business use. Naturally, with great power comes great responsibility. If you ever wondered about the pros and cons of bringing your own device, read on!
-
HITRUST Compliance: What You Need to Know
Rapid advances in medical technology are changing the healthcare industry for the better, but along with these technological advances, come adverse risks. Additionally, as doctors gather more data about their patients through medical devices connected to the internet, it is crucial that this data remains private. Robust data is important for the best care, just as robust security keeps that data private and secure.
-
Why Cybersecurity Is A Smart Investment for Investors
If you are an investor, now is a great time to be doubling down on cybersecurity. Which is why many organizations are now viewing cybersecurity as a critical part of their investment protection planning.
Over the past number of years, we’ve laid out the litany of cybersecurity dangers that face everyone. Mobile threats, phishing scams, malware, crypto-jacking, third-party risk management, cloud computing, the list goes on and on. Whether you are a giant corporation, a small business or just your average Joe navigating life, cybersecurity threats are real. They also affect everyone.
Therefore, it stands to reason that investing in cybersecurity offers an opportunity. If you are in investment protection planning, this sound investment presents the potential for a large upside without posing too much risk. Obviously, that is a gross simplification but cybersecurity in 2019 is a sound investment protection plan precisely because, eventually, everyone will need it.
-
Third-Party Risk Management Tools Every CISO Should Know
Cybersecurity that works is extremely complicated, multi-layered and continually monitored. That’s a fact. Third-party risk management tools are a perfect example of the complicated and multi-layered elements that need to be effectively combined with best practices. Also known as third-party risk management solutions, these cyber security solutions help protect your business from cyber breaches, leaks, disruptions and more.
That may sound precisely like regular cyber security, except for the fact that third-party risk management tools protect your company from threats that emanate from any third-party service provider or entity that you do business with.
-
Mobile Security Threats of 2019
It’s a cliche: protecting against mobile security threats in 2019 is a lot like trying to kill a hydra. Once you cut one head off, two grow back in its place. That’s because instead of fighting a pseudo-dragon who regrows its heads, you are fighting hundreds of thousands of hackers with varying levels of sophistication. For hackers, it’s a job like any other. They read the trends, look for opportunity and make as much hay whenever possible. That’s why organizations of all sizes need some measure of protection against the wide array of 2019 mobile security threats.
Thankfully, in the same way, that there are legions of hackers aiming to break down your information system, there are also many cybersecurity companies working to put them out of business. RSI Security employes the best and brightest to ensure your information system is secure from mobile, internal, external and whatever other threats your company may face. To learn about 2019’s mobile security threats, please read on.