The novel coronavirus outbreak has brought the entire world to a halt, except the cyber attackers. Speculations are high that by the end of the year, the global economic recession would hit. Nonetheless, hackers would continue capitalizing on the grim situation.
In this article at Forbes, John Shin explains that the ideal approach to maintain the cybersecurity of your organization is to follow the compliance trends.
Follow the Regulatory Frameworks
Adhere to the guidelines set by the Payment Card Industry Data Security Standard (PCI DSS) or the European GDPR for data privacy. However, experts believe that the security frameworks must evolve in the wake of the COVID-19 outbreak. Here are some critical cybersecurity compliance trends you can expect in the post-pandemic phase:
A significant downturn observed in business transactions due to global lockdown. Enterprises are seeking ways to remain cost-efficient and bear the losses. Compliance outsourcing services would prove less expensive yet critical for the companies.
PCI DSS 4.0 has a provision for assessing the evolving technologies. The risk mitigation techniques must be flexible and support your organization’s security objectives. The revised frameworks have separate tracks to control, authenticate, encrypt, or monitor new and existing systems. It can protect data in use or at rest while using the cloud.
Global Compliance Collaboration
Data security compliance and IT governance initiatives must have global recognize as well as standardize across the board. International enforcement can bring down the border traps and prosecute hackers. The cyber attackers have become proactive in taking advantage of the uncertainties imposed by the corona crisis. They are not going to stop even if the economy stalls. So, organizations must look for compliance frameworks to initiate and implement a cybersecurity program. Find a qualified third-party vendor to observe the PCI DSS regulations.
Click on the following link to read the original article: https://www.forbes.com/sites/forbestechcouncil/2020/05/11/cybersecurity-compliance-trends-in-a-post-pandemic-world/#414cd4d34ae2