Financial Privacy Regulations
Failures to secure customer data have prompted financial privacy regulations to increase and force companies to take a closer look at cybersecurity. Leading the way in securing the financial industry was the 2017 legislation by the New York Department of Financial Services. Many states are following suit by either adopting the NAIC 668 Model Law or using it as a base to create their own standards. For financial institutes also governed by other regulations, such as GDPR, CCPA or HIPAA, another regulation to comply with seems overwhelming.
The CyberCompass Difference
CyberCompass has an assessment built on NAIC 668 regulations, making it easy to add state specific guidelines as they are released. It can also combine multiple regulations into a single assessments taking away the overwhelming task of complying and providing proof to each governing entity.
Holistic Solution for Financial Privacy Regulations
Best practices happen when information + application = resilience. Our know-how is built into CyberCompass, allowing you to quickly apply the security fixes you need to go beyond compliance and increase your resilience. Cover your people, processes, technology and vendors in one tool.
Creating Cyber Resilience
Are you ready to move from a state of trying to keep up to the confidence of a cyber resilient business? Get started today! Our CyberCompass Security packages have what you need to begin your journey. Not sure what you need? Contact us today to for the guidance you need to make the best choices for your business.