With multiple high-profile cases of hacking, data leaks and security breaches making headlines, IT managers face tough and often expensive choices to ensure that data is stored correctly, permissions are set, and the correct laws are enforced. However, compliance within your IT systems is only half the battle. Compliant IT support teams are just as important for keeping data and systems protected from breaches or loss. Below, Foration identifies several ways that your support team can help in the fight to keep your data and systems secure.
With high-profile cases of cybercrime and data leaking on the rise, now more than ever it’s important to ensure that your business and users are keeping up with the latest in IT and security compliance rules.
From keeping your user data safe to complying with governmental data storage requirements, having strict guidelines in place is essential for ensuring the smooth running of your organisation and for preventing mistakes.
With a lot of talk of compliance and security online these days, however, it’s easy to get confused by all the terms and jargon being used in the industry. To help clear things up, whether you’re an IT business support manager or a curious novice, here is our glossary of the key IT compliance terms:
A combination of changing business culture, the rapid evolution of technology and the tightening of regulation means that maintaining IT compliance in the eyes of bodies such as the Financial Conduct Authority (FCA) is a full-time consideration. For many companies, the challenge of compliance is brought into sharp focus by the adoption, in whole or part, of a Bring Your Own Device (BYOD) culture within the organisation.
While BYOD policies have fairly well documented cost, productivity, and practicality benefits, it also poses very real challenges to data security, protection, and your overall compliance.
Businesses and professional services providers are busy getting to grips with the implications of the General Data Protection Regulation (GDPR) - and the new framework it provides.
It’s easy to view compliance as a purely internal matter; essentially a process of joining the dots to keep on the right side of the regulator. But this mindset misses the whole purpose of the new data regime: to increase consumer confidence in the digital marketplace - i.e. to enable your clients to share their data with you, safe in the knowledge that it will be safe.
For any new service provider or proposed systems update, there’s one important question to consider: will the changes on the table bring added value to the business? Cyber security measures are no exception to this rule.
What risks are you faced with? What are the likely costs of being hit by a breach? How do the costs of prevention stack up against the cost of clear-up? We take a look…
In November of last year, China’s parliament rubber-stamped a controversial cyber security law. The legislation, which is due to become effective from June 1 2017, is designed to combat what the Chinese government regards as the critical threats of hacking and cyber terrorism.
In effect, those businesses who wish to make inroads into the Chinese market are faced with a choice: either comply with the new rules (thereby allowing the Chinese authorities access to proprietary information which was previously private) - or bar themselves from the market.
As we approach the end of a year of dramatic change, attention turns to the future. To look at the coming year and what it may hold in store for IT services. Particular attention will be in relation to IT compliance. The need for systems and organisations to operate on the right side of the regulations in an era of data protection and cyber-threats will be more acute than ever.
“The use of outsourcing to the cloud and other third party IT services can have a positive impact on competition in financial services”
This quote, taken from the current FCA guidelines on cloud-based data storage, highlights the idea that, not only are cloud-services approved, but they can bring significant benefits.
In response to 2015 piece on Office 365 compliance in regulated industries, we've prepared this article to update you on the FCA's latest guidance (approval) of Cloud services and what you also need consider post Brexit.
In this article we cover what the FCA recently announced and more importanlty highlight the considerations your business needs to make when evaluating Cloud services. Cloud computing can deliver significant cost, flexibility and performance benefits which will help you tackle the uncertainty ahead.
If you’re a company who operate under the compliance regulations of the Financial Conduct Authority (FCA) then you need to be aware of your responsibilities when it comes to storing data. Ensuring that all reasonable measures have been implemented in relation to the safety, security and integrity of data is a critical component of your corporate diligence and duty. The FCA making this point abundantly clear on their data compliance fact sheet, available via their website.