article thumbnail

Automated Security and Compliance Attracts Venture Investors

eSecurity Planet

It was also a drag on the sales cycle, and then there was the need for maintaining compliance. The vision was to automate security and compliance across 14 frameworks, including SOC 2, ISO 27001, HIPAA and GDPR. “Our GRC Market Defies Downturn There are some powerful drivers for the compliance and security automation market.

article thumbnail

Record Retention Policy for Businesses: A Strategic Guide to Compliance and Efficiency

Armstrong Archives

Whether it’s maintaining regulatory compliance or simply making tax season easier, an effective record retention strategy is paramount. For instance, a small healthcare provider would need to retain patient records for a different duration than a retail business would need to keep sales invoices.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Best Practices Q&A: Guidance about what directors need to hear from CISOs — from a board member

The Last Watchdog

Related: The ‘cyber’ case for D&O insurance Vanessa Pegueros knows this all too well. If the CISO wants to drive better compliance, then they talk about how compliance is key to enabling sales and how the customers are demanding compliance to do business with the company.

article thumbnail

The Cost of Non-Compliance: Financial Implications of Inadequate Legal Holds

Gimmal

In today’s litigious business climate, the specter of legal disputes looms large, and the effective management of legal holds has become a critical component of corporate compliance. This blog post delves into the financial implications of inadequate legal holds and underscores the importance of compliance.

article thumbnail

California Legislature Passes Bill Regulating Data Brokers

Hunton Privacy

The Act would grant California consumers the right to request that data brokers (1) delete and (2) limit the further sale and sharing of consumers’ personal data. In addition, the bill would create new registration, disclosure, recordkeeping, and audit requirements applicable to data brokers.

article thumbnail

NYDFS settles cybersecurity regulation matter for $1.8 million

Data Protection Report

million settlement with two related insurance companies, relating to violations of two different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2019. The regulation includes an annual certification of compliance, to be filed with NYDFS. NYDFS Cybersecurity Regulation.

article thumbnail

Data protection strategy: Key components and best practices

IBM Big Data Hub

It supports the same security measures as data security but also covers authentication, data backup, data storage and achieving regulatory compliance, as in the European Union’s General Data Protection Regulation (GDPR). Data breach victims also frequently face steep regulatory fines or legal penalties.