Articles Tagged with ''regulatory compliance''

From unalignment in safety and cybersecurity regulations and standards to the increased risk of cyberattacks in functional safety systems as they become better connected, there is a need for security experts to expand and deepen collaboration to close the gap between functional safety and cybersecurity. 

Trust is the ultimate business enabler. When enterprises inspire trust in all their stakeholders, they create a platform for better business performance. But not all brands are starting from a level playing field, says Emily Frolick, KPMG’s Partner, IT Audit and Assurance.

As with most other business, economic, and governmental sectors that are imperative to daily life, the energy sector is at risk from a variety of threats both cyber and physical. What can be done?

There are a number of steps companies can take to better prepare and protect themselves from the next-generation of post-COVID cyberthreats.

Data breach and privacy incidents occur daily at organizations of all sizes. It happens all too frequently. And while it is obvious that breaches continue impacting hundreds of thousands of lives, legal and compliance teams are not always brought in to manage each breach. With increased focus from regulators and law enforcement agencies to ensure organizations fulfill their obligations for post-breach notifications, legal teams can help quickly coordinate internal processes, and take swift action to begin the process of remediating damage and initiate immediate legal steps to protect the enterprise, and comply fully with all regulatory obligations. Here, we talk to AJ Samuel, co-Founder and Chief Product Officer at Exterro, about the many benefits of retaining legal counsel, who can better protect the integrity and confidentiality of the incident response.

Rather than be caught off-guard and left to play catch-up, security and IT professionals should begin planning now for the many new and updated regulations, standards and proposed pieces of legislation that will be sweeping over the financial services industry and other sectors in the near future.

The concept of regulatory compliance is simple: compliance maintains the safety and welfare of the general public.