Compliance & Legislation

RegTech and cyber security compliance

The latest buzzword to emerge from FinTech is RegTech, which brings with it the promise of technical solutions that ensure organisations remain compliant in raising financial risk management to an effective business process.

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Managed Security Services and PCI DSS compliance

Any organisation, no matter the size, that is required to comply with the Payment Card Industry Data Security Standard (PCI DSS) needs to implement a comprehensive ICT security capability to ensure they pass their annual review. The PCI standard contains auditing and monitoring requirements that ask entities to collects logs and raise alerts when they are under attack from cyber adversaries. Let’s explore this requirement and look at how your managed security service can help your customers achieve PCI DSS compliance without the need to redesign their network architecture or systems infrastructure.

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Security Monitoring and the ASD ISM

Comparing legislative and compliance security frameworks, you will see a definite synergy in what they suggest is important to security monitoring. Interestingly, their focus isn’t on collecting every piece of information and security-related event, then trying to figure out what to do with it. What you need to do is understand the value of specific log sources in your ability to detect threats, then tune them to make sure you get the optimum flow of information from them.

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APRA CPS 234 Compliance – A Modern Approach

On the 1st July 2019, the Australian Prudential Regulatory Authority (APRA) Prudential Standard CPS 234 came into effect. APRA CPS 234 mandates organisations under APRA’s jurisdiction implement an information security management programme to deploy multiple layers of cybersecurity controls such that if one control fails, others limit the impact of a breach – or as we know it in the security industry, defence in depth.

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GDPR One Year Review – The 5 Key Cyber Security Articles

Believe it or not, a year has passed since the EU’s General Data Protection Regulation (GDPR) became law. Over that year, the impact of the legislation has spurred countries around the world to review their own privacy laws to enforce an equitable tightening up of their own data protection approach; but how effective has this year been in terms of making our personal data less at risk of being stolen and sold on the black market?

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OAIC Q3 Data Breach Report – What you Need to Know

The Office of the Australian Information Commissioner (OAIC) – Australia’s statutory agency for privacy and freedom of information – has released its third quarterly report on Australia’s Notifiable Data Breach scheme. It shows 245 reported data breaches between July and September, a number which correlate closely with the previous quarter.

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