Having a cyber security architecture for your organization is no longer a nice-to-have luxury that is only afforded by large businesses. Small to medium companies who seek to future-proof their business need to invest in a comprehensive security plan for two reasons.
Firstly, in order for online industries to legally operate worldwide, certain security requirements set by large governmental and non-governmental regulations must be met. Secondly, a reliable security architecture can safeguard against increasingly malevolent cyber attacks, and statistics show that we are in dire need to educate businesses about data security.
Lack of security can be felt only when a breach occurs
Why do we hire security guards on our properties? They may not see conflicts for many months, so does hiring them justify the running cost? We only realize how important security guards are when we look at premises left unguarded. You could very well see petty vandalism and unwanted hawkers on the grounds, if not suspicious individuals with malicious intentions.
In a similar vein, hackers could very well scout an unprotected company for vulnerabilities. Some advanced computer viruses are programmed to remain dormant inside a system undetected, and can lay in wait to attack all devices on a network simultaneously. While breach attempts don’t occur everyday, it will become apparent that a security system is necessary when a breach does occur.
Security Architecture is a requirement for major regulations
Your business can continue well into the future if you update your security architecture in order to comply with major regulations.
The Payment Card Industry Data Security Standard (PCI DSS) applies worldwide and vendors who handle payment cards, whether it is debit or credit, or even e-cash, are expected to comply.
The Health Insurance Portability and Accountability Act (HIPAA) regulates how businesses handle private patient information, and insurance companies as well as healthcare providers need to comply with them.
European Union’s General Data Protection Regulation (GDPR) protects EU citizens’ digital data, ensuring that they opt in to have their data recorded by websites and applications. In addition, users have the right to be forgotten (to have the data completely removed from the database). These requirements apply to any business interacting with European citizens, regardless of its physical jurisdiction.
We can give you some guidance
Xynexis International aims to help businesses equip themselves with a comprehensive security architecture. Security is all-encompassing, so our task is to improve all sectors that are responsible for cyber security, from human resources to server systems.
Learn more about our services.