In today’s complex business environment, following industry standards, laws, and regulations is an absolute must for every company. Failure to achieve regulatory compliance can result in serious consequences such as hefty fines, lawsuits, and even reputational damage. This is where compliance reporting comes in.

Fundamental principles of IT security, often referred to as the “core principles” or “security fundamentals,” provide a foundational framework for designing, implementing, and maintaining effective information technology security practices.

Most Cyber Insurance Policy carriers require that businesses comply with certain industry frameworks or standards as part of their underwriting process. This is because compliance with recognized cybersecurity standards can reduce the risk of cyber incidents and minimize the impact of any potential breach. It also demonstrates to the insurer that the business has implemented […]