IT Compliance risk does not differentiate based on the type of the business. It necessitates the implementation of processes to safeguard both customers and the company.
some companies have chosen to follow CCPA regulations even if the law doesn’t apply directly to them, which can help boost credibility.
SOC 2 defines the criteria for managing customers’ data based on the five service principles: security, availability, processing integrity, confidentiality, and privacy.
Cyber insurance and risk mitigation complement each other. As the technologies keep revolutionizing, it is inevitable for cybersecurity insurers to be on the same level as cyber criminals.