With every Cyberattack, Ransomware, Viruses, Malware, Data Breach and Online threat; With the exponential growth in Data volumes; WIth the emergence of Privacy laws, and Cryptocurrencies; Data Security is getting a lot of attention. CyberSecurity laws are rapidly evolving the world over to counter these digital threats. These are some laws that provide the rules and best practices that security systems/processes have to follow and reduce the risk:
- US – Cybersecurity Information Sharing Act of 2015 (CISA)
- EU – Cybersecurity Act
- Japan – Basic Cybersecurity Act
- China – Cybersecurity Law
Best practices such as focusing on areas like encryption, risk management, incident preparedness, traceability, resilience, governance, awareness programs, trust protocols and international cooperation promotes a firm’s global data supply chain operations. With Orion EIIG, firms are provided with Traceability, Transparency and employees become Hyper-aware to all Data and Technology assets.
In the event of a data breach, partnering Orion’s capabilities with the security team provides one more means for steps to be taken such as, reducing the exposure risk, trace/isolate/contain impacted systems etc. The Orion EIIG impact analysis capability can also help trace an event in-progress or be used by auditors to build protocols for the future.