Remove Compliance Remove Leadership Remove Testing
article thumbnail

PCI compliance: The best defense is a great defense

CIO

Not surprisingly, Payment Card Industry Data Security Standard (PCI DSS) compliance is crucially important. Compliance with PCI DSS v4.0 PCI DSS compliance is a robust defense that significantly mitigates the risks involved with all three. This begins with having the right goal for a PCI DSS compliance program, Philipsen notes.

article thumbnail

New regulation intensifies focus on IT risk management and operational resilience

CIO

A comprehensive regulatory reach DORA addresses a broad range of ICT risks, including incident response, resilience testing, third-party risk management, and information sharing. When DORA becomes effective on January 17, 2025, non-compliance with DORA will trigger severe administrative and criminal penalties.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Security Theater: Don’t Hang your Hat on Compliance

Prisma Clud

Act 1, Scene 1: Compliance Standards and Security We open our series with a hot topic, one of the most blatant examples of security theater — compliance. Security compliance, to some extent, boils down to ticking boxes to show standards are met. But real security begins where meeting compliance requirements ends.

article thumbnail

IT Compliance: Understanding Its Purpose and Benefits

Kaseya

IT compliance refers to a set of statutory rules and regulations that businesses must follow to minimize the threat of a cyberattack and keep their systems and processes secure. What is IT compliance? What is the purpose of IT compliance? What is a compliance standard?

article thumbnail

AI & RegTech’s Role in Helping You Automate Regulatory Compliance

Exadel

Keeping up with compliance is a costly and time-intensive job for any financial institution. In 2017, S&P Global Market Intelligence published that their research showed compliance costs were up at least 20% for many U.S. More recently, a study in 2022 showed compliance costs in North America were up a further 13.6%

article thumbnail

Balancing innovation with value, cost, and practicality: The CIO’s guide to future proofing technology investments

CIO

Addressing practicality, the bank tackled the challenges of data migration and compliance by collaborating with secure cloud providers, creating a detailed strategy for a smooth transition that integrated with existing infrastructure without disrupting operations. Successful future proofing requires collaboration across the organization.

article thumbnail

10 hottest IT jobs for salary growth in 2023

CIO

Key skills for the role include resource allocation, risk and change management, quality assurance, communication, and leadership and team building. Relevant skills include security architecture design, threat modeling, compliance and regulations, security operations, risk assessment and management, and security infrastructure implementation.