Almost every industry handles sensitive data and information in today’s technologically interconnected world. At the same time, cybercriminals and other malicious actors are constantly looking for ways to steal or control the data for their own advantage.
Governments and industries implement regulations to protect individuals, customers, and critical systems and require organizations to adhere to relevant security standards and prove compliance. Continuous compliance ensures security between audits and following regulatory updates.
Whether you obtain ISO 27001 certification or your organization is legally mandated to comply with the Health Insurance Portability and Accountability Act, establishing a compliant information security management system is a significant undertaking. However, achieving certification or passing an audit is not the end of your responsibilities. A data breach cost $4.4 million on average in 2021. It can also lead to a loss of consumer trust and lost business.
Maintaining compliance between audits or certification periods is critical to protecting your customers and your business. Data security requires a proactive stance on security and framework or regulatory conformity. When your business is in continuous compliance, it also makes the audit period run more smoothly.
Ongoing adherence to standards requires comprehensive monitoring of your security system and procedures. Through consistent tracking, you discover new vulnerabilities when they arise and can address them before the threat becomes a security breach. You know when your company is out of compliance with any requirements in real-time. Ongoing adherence also allows you to stay on top of changing regulations and compliance requirements, so you can adapt and evolve your policies, processes, and controls to maintain compliance.
Maintaining regulatory or certification compliance requires a system or framework that provides a map for monitoring and testing data and information security. There are typically eight components you need to cover in your framework:
Using manual processes to handle ongoing compliance processes is a resource-intensive approach. An automated security and compliance platform is an effective and efficient solution.
Compyl’s end-to-end information security and compliance platform make continuous compliance easy. Whether your company adheres to one or multiple frameworks, our system ensures you remain compliant with them 24/7. Request a demo today and learn how we can transform your business.