Chances Are You Have Data Subject to Compliance and Regulations

No matter what type of business you run or the services you provide to the community, chances are you must adhere to at least some compliance laws and regulatory requirements dictated by state or federal governments. Today, we want to make it abundantly clear that you must protect your business’ data to avoid inadvertently becoming subject to the massive fines associated with these laws.

Compliance with the FTC Safeguards Rule is Vital to Businesses

Compliance with the FTC Safeguards Rule is Vital to Businesses

In today’s interconnected world, an organization dedicated to fraud protection like the United States Federal Trade Commission is vital, especially when you consider how advanced digital technology has become and continues to grow. The FTC works to ensure consumer data stays protected by the businesses to which they entrust it. Let’s look at the Safeguards Rule and what your business should know about it.

That False Sense of Security is Going to Bite You

You Can’t Flub Your Cybersecurity Awareness Cybersecurity is something that you can’t just ignore. It’s not going to ignore you—cybercriminals target the people who think they aren’t a target in the first place. Most businesses these days have at least some level of cybersecurity-based compliance regulations to meet and follow. Some can come from the state, some can come from the industry you are in, some apply based on the type of information you work with, and some can come directly from your business insurance provider.  One of the biggest mistakes I see business owners and C-levels make is that they have overconfidence in their own cybersecurity. Most business owners are the least secure people I know (and I don’t mean that in an insulting way; CEOs and entrepreneurs, in general, are just wired to be efficient, and cybersecurity practices can feel like a big roadblock to efficiency.) Heck, I lose sleep at night when I suspect that the owner of a company we work with refuses to use multi-factor authentication, but I catch myself longing to turn that feature off because of the extra couple of seconds it adds to getting into an account every day.  The point is, even as a leader, you can’t skimp on security. In fact, you should be the shining example of it in your organization. You Have to Know If You Are Compliant or Not Depending on the regulations your organization needs to meet, you likely have a laundry list of tasks to check off quarterly or yearly. For many organizations, a part of that might include a regular penetration test. A penetration test is a very specific set of tasks that involve an ethical hacker attempting to break into your business network using a variety of different ways.  There are multiple phases that include reconnaissance, scanning for vulnerabilities and other weaknesses, getting in and attempting to steal, change or delete data, staying within the network undetected for a period of time, and looking for non-technical ways to exploit your organization, such as social engineering. It’s not a small feat, and it’s far from the typical quick network audit or port sniffer scan and things that a technician might do to solve a problem or investigate an issue. Don’t confuse the small stuff with a penetration test. I’ve talked to business owners in the past who were convinced their network was secure because a third-party ran some network audit tools that came back with devices that were out of date and fixed them. While that’s important to do, and something we do regularly, and maintain for our clients, it’s a long way from an actual penetration test. Let’s Make Sense of Your Cybersecurity, Together Protecting your business from modern-day threats and meeting regulatory requirements is a challenge if you try to do it by yourself. Let GeekBox IT be your trusted IT partner and keep your business operating smoothly. Get started today by calling (336) 790-1000.

What You Need to Understand About Compliance

What You Need to Understand About Compliance

To meet compliance requirements for technology an organization will need to understand the regulations they operate under. New entrepreneurs may find it startling when they realize that they have a lot more people/organizations to answer to than they thought. This week, we aren’t going to go through individual regulations, but how IT generally fits into compliance and how not staying up to date can cost your business dearly.

Knowing, and Planning For, Your Organization’s Compliance Burden

compliance_burden

Despite what detractors say, regulations are in place for good reason. They typically protect individuals from organizational malfeasance. Many of these regulations are actual laws passed by a governing body and cover the entire spectrum of the issue, not just the data involved. The ones that have data protection regulations written into them mostly deal with the handling and protection of sensitive information. For organizations that work in industries covered by these regulations there are very visible costs that go into compliance. Today, we look at the costs incurred by these organizations as a result of these regulations, and how to ascertain how they affect your business.

PCI Compliance 101

Does your business accept credit cards? Of course it does. Regardless of what industry you are in, your customers are now using payment cards for a large portion of their retail transactions both online and in-store. To protect consumers, there has been a compliance standard enacted by credit card companies. Today we will look at this standard.

  • 1
  • 2