ISO 27001 was established for industry requirements for Information Security Management Systems (ISMS). It mainly focuses on maintaining integrity, discretion or confidentiality and availability ofinformation as part of risk management.
The International Standards Organization (ISO) introduced a new version of ISO IEC 27001 in September 2013. The older version (ISO 27001:2005) is no longer active post-October 2015.
The International Standard Organization has published the ISO 22301 for Business Continuity Management Systems (BCMS). In case of any cyber security breach, the company or organization must be in a positionto continue with effective services while rapidly overcoming any threat to data.
The ISO provides a practical framework for the organization to be able to prevent, prepare, respond to and recover from any disruption in service.
The International Standards Organization has developed ISO 31000 for effective Risk Management. The ISO 31000 can be used by any organization regardless of size or activity. Although it cannot be used forcertification purposes, it proves to be a guidance tool for internal and external audit programs.
The risks that an organization faces can have a severe impact on its economic performance, its image/reputation along with other societal outcomes to name a few. The ISO 31000 helps effectively to identifyopportunities and threats, allocate and use resources for risk management, and last but not least increases likelihood of achieving objectives.
The Payment Card Industry Data Security Standards provides a set of guidelines for all merchants who process card payments. It could be in the form of debit card, credit card, prepaid cards etc. The mainpurpose behind PCI DSS is to prevent credit/debit card data theft.
PCI compliance is necessary for all eCommerce merchants as all online transactions require customer's debit/credit card information which is sensitive in nature. It protects both customers and merchants byensuring there is multifactor authentication.
The National Institute of Standards Technology (NIST) is a non-regulatory agency of the United States Department of Commerce. The Cybersecurity Framework (CSF) was set up by NIST to provide a framework bywhich private companies can secure their networks against cyber threats.
This computer security guidance framework helps in the five core functions of identifying, protecting, detecting, responding to and recovering from cyber attacks.
A Service Organization Control (SOC) is an auditing procedure that enables your service providers to protect your organization from data theft and the privacy of your clients. It relates to one or more of theAICPA's Trust Services Criteria of Security, Availability, Processing Integrity, Confidentiality or Privacy.
In turn these reports are intended to be used by stakeholders such clients, suppliers, Business Partners/Directors and Regulators of the service organization.
The Health Insurance Portability and Accountability Act (HIPAA) is a legislation in the United States that is part of the Social Security Act. It provides data security and privacy to patients medicalinformation.
The whole idea behind this was to provide health care coverage for consumers. It has provisions for Administrative Simplification that helps make the health care system more efficient. The three main areas ofHIPAA security are administrative, physical and technical security as detailed below:
Comprehend your vulnerabilities to characterize and organize your security
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