Cyber-security Regulations That You Need To Acknowledge So As To Help Keep Your Business Safe
Of all the heated topics on the face of earth, cyber-security tends to be among the leading. Where you visit corporations and businesses, you will never miss cyber-security-related topics. There are cyber-security regulations defined and it deems fit that you stay on top of these cyber-security regulations. The consumers are only concerned about their privacy. As a matter of facts, there is a lot of consumer data leakages and misuse and this makes the consumers feel somehow insecure and vulnerable. This article will make it possible for you to garner some facts about cyber-security securities that you need to stay on top as a businessperson.
First, there is need for you to garner facts about the GDPR cyber-security regulations. GDPR compliance was established or introduced on the 25th of May, 2018. European Union defined these cyber-security regulations and they make it possible for consumers to understand how data will be collected and at the same time get to understand how the data will be used hence enhancing privacy.
The second group of cyber-security regulations that you need to understand is the industry specific regulations. The most regulated industry today is the health industry as well as the financial industry. This is due to the level of sensitivity they have as they at all times handle sensitive data. Therefore, these two industries are always being scrutinized and regulated. Even amidst these regulations, there are imminent attacks on these industries. The reasons why hackers are attacking these two industries is because they need only the SSN and bank account number to generate lots of money through the black market. Therefore, HIPPA ensures to regulate the way the health industry stores patients information and data. SEC ensures to also regulate the financial industry.
There is need for you to also understand the California Consumer Privacy Act. The congress is taking long before defining regulations and thats why California has defined its own acts to help keep consumers safe. The laws will be in effect come 2020 and these regulations will be in effect like the GDPR. Consumers and businesses in California are the ones to adhere to these regulations.
There is always need for you to understand that these cyber-security regulations are always changing their goal posts or rather they keep changing hence the need for you to stay on top of them. Therefore, ensure to stay abreast with the regulations mentioned above. Therefore, ensure to stay on top of these regulations and this will always help keep you on the safe side.