What is IT Compliance?
IT compliance involves a set of practices and guidelines that businesses must abide by. These standards aim at securing the business processes along with the company’s and users’ sensitive data.
Although not always, often compliances come as legal obligations for certain niches. Other times, it’s an IT security standard (ISO), which if not followed can put the businesses in serious danger imposed by cyber threats.
To be precise, compliances target the following areas imposed by a third party:
– Regulations specific to industries
– Policies crafted by the government to safeguard users’ and companies’ rights
– Standard security frameworks for IT security
– The contractual terms pertaining between clients and customers
The external rules designed by the third parties aim at helping organizations when dealing with complex needs. However, compliance can also force businesses to invest too much effort to comply with these rules that might not be necessary.
This is because seeking help from experts becomes important at times. And to help its clients meet necessary compliances, Masterstone leaves no stone unturned.
You can reach out to our team for assistance with all of the below compliances.
The ISO 27001 compliance provides businesses with set standards to manage company information and data. Risk management forming the major part of this framework ensures that businesses can identify their strengths and weaknesses. And protect their data pertaining to their employees and users in the most advanced way.
Following ISO 27001 compliance, organizations can become highly secure and reliable. In addition, businesses can instil trust within their clients/customers for data security.
The ISO 27001 focuses on three basic goals:
– To ensure confidentiality: By enabling the access of information to only authorised persons.
– To enable integrity: Any change is information is only possible through authorized persons.
– To control Information availability: Authorized persons can access the information, when and as needed.
To accomplish the goals within an organization, ISO 27001 focuses on identifying the potential problems to the business’s information through risk assessment techniques. Further, defining the solutions that could help combat those risks in advance through risk mitigation or treatment techniques.
In short, ISO 27001 targets at managing risks. This involves finding the probable risks as well as treating them systematically by implementation security controls.
ISO 27001 can help you in many ways. Here are some major benefits that come along with this compliance.
– Helps avoid security threats, either external or internal
– Avoids penalties because of non-compliance by keeping you up to date with the current standards and requirements
– With ISO 27001 compliance, you become more reliable to your stakeholders as someone taking information security seriously
– You won’t require frequent audits
– The Standard allows businesses to stay highly productive by setting clear responsibilities pertaining to information risk.
Business continuity planning, abbreviated as BCP is the process of creating a system that aims at preventing potential threats to a company and recovering faster after the attack is already made.
The compliance aims at securing the personnel along with the company’s assets. In addition, it ensures that these components can operate as usual even in the case of a disaster.
Not just one, but the compliance allows businesses to experience various perks related to different problems within an organization.
Protects Against Disruption
– Helps in minimizing the impact along with the frequency of disruption
– Enables businesses to get back to usual operation as easily as possible in case of disruptions
– Allows businesses to enhance their supply chain management
– With proper implementation, it can even help minimize the insurance premiums
– Gives businesses an edge over other competitors by enhancing their reputation
– Makes you prepared for any changes underway
– Helps you gain confidence of your stakeholders
– Enhances visibility of the probable risks
– Helps you prepare effective recovery plan with confidence
– Enables cost savings by minimizing the disruption impacts
This compliance enlists a set of management processes that allow organizations to cater to IT services more efficiently. This includes the IT services existing within a company and the IT services one provides to its customers.
ISO 20000 proposes a tested methodology that makes the management of ITSM simpler and hassle-free. In turn, increases the trust of your clients and customers in your company as someone who follows best practices.
ITIL (Information Technology Infrastructure Library) offers businesses the best practices to improve their delivery of IT services. Offering the proven standardized guidelines for selection, planning, delivery, and IT support, the compliance focuses on maximizing overall IT efficiency.
At the same time, it helps businesses maintain promised service levels at all times.