Why it’s necessary for organization and businesses to follow IT security standards compliance? The advancement of technology in today’s modern world has made a lot of things easier, not only for us but for big and small businesses as well. But as the advancement of technology continues to grow, this also puts many people worried especially in terms of potential security risks as they relate to cyber-crime.
Many people have used the internet for their personal gain, thus, resulting in numerous security breaches that have caused massive financial damage to corporations and ordinary individuals. How is this possible? Through leaked personal information online such as your personal banking information, credit cards, and corporate data. Corporate data are stored on server platforms and are expected to be available and secured at all times. This is why it is very crucial to follow certain IT security standards to eliminate common security threats that put most companies under attack.
IT Security Standards Compliance: Importance of Implementation and Awareness
According to the European Union’s 2019 cybercrime report, cybercrime is a growing trend in EU countries in which most payment systems are online. The rise of data breaches not only put financial data at risk of leaking online but data in general. This problem leads to more cases of extortion and fraud.
Germany, the UK, and the Netherlands topped rankings for the number of data breach notifications. Between May 2018 and January 2019, the Netherlands alone ranked first with over 15,000 cases, while data breaches reported to the German authorities amounted to 12,600. All industries are vulnerable to cyber-threat, therefore, it is important to implement a proper IT security system for your organization.
All proper safety procedures start at the awareness stage. Businesses and individuals must know about the threat and what they can do to prevent it. Large and small organizations must create and implement a comprehensive security program to deal with security threats and compliance requirements. Compliance requirements are becoming increasingly complex due to the fact that rising security threats are constantly evolving.
Top Causes of Data Security Breaches
Malicious software or malware, when it finds its way to a computer system or mobile device, it infiltrates and gains control over the system or device to damage data or steal valuable information. There are numerous types of malware and they are as follows:
- A Botnet
- A Rootkit
- A Worm
- A Trojan
- A File Infector
- A Backdoor/Remote-Access Trojan (RAT)
- Ransomware
- Scareware
- Spyware
- Adware
Are You Implementing IT Security Standards and Compliance Requirements for Your Organization?
Security breaches of all types can have terrible consequences. Numerous corporations have lost over a million dollars or more because of cyber-crimes. In addition to the direct financial consequences, a corporation’s brand name and reputation may also take a major hit.
What can you do to prevent this? Our IT Security Standards Kit will walk you through on how to properly implement your IT security system. This set of 40-page documents is easy to modify and is in line with the ISO/IEC 27001:2013/17 standard.
Our IT Security Standards Tool Kit reduces the likelihood of data breach incidents and will help your organization set out rules for the security of your company’s data during transmission and storage.