By Ruben Bonan Founder of Marketing Marvel
Cybersecurity standards are the agreed-upon techniques and protocols used by organisations to minimise the risk of and deal with the consequences of cyberattacks. Most cybersecurity protocols focus on prevention through various tools, policies, best practices and technologies and can be applied to networks, applications, services and also people. These standards are usually made to comply with specific industry regulations, but most businesses should adopt a voluntary framework even if they’re not obliged to do so.
Cybersecurity standards help make it easier for businesses to keep their data secure and to standardise security measures, making it more difficult for cybercriminals to thrive. These standards are often tailored for specific countries or industries as there can be different regulations or issues to be aware of.
With a greater proportion of the workforce now working remotely, companies have to face new cybersecurity challenges. Cloud-based secure access services such as the Perimeter 81 SASE Platform help ensure that businesses are able to deal with these challenges while allowing their employees to work remotely and securely.
Why Are Cybersecurity Standards Important?
In recent years, there have been a growing number of cyberattacks, particularly those involving ransomware and these attacks can have a devastating effect on a business no matter its size. Ransomware attacks involve malware that locks a user or series of users out of their files. The only way that users can get their files back is by paying the ransom demanded by cybercriminals.
These attacks have become more common in recent years, and it’s estimated that criminals have made hundreds of millions of dollars as a result. Cyberattack methods are rapidly evolving and growing more complex at the current moment. Every day, cybercrime has cost businesses around the world 16.4 billion dollars, with a ransom attack happening every eleven seconds.
Of course, not only do the cybercriminals get their ransom, but in many cases, they also fail to unencrypt the files, or they steal and sell the files to the highest bidder. As a result, cyberattacks can be extremely damaging to a company, and many businesses are also at risk of fines due to data protection laws if they suffer from a data breach caused by hackers.
Due to the potential damage that they can face, companies in industries across the world are now beginning to take cybersecurity very seriously. All businesses should have some kind of framework in place to help reduce the risk of a cybersecurity attack, and contingency plans should also be made so that staff know what to do in case of an attack.
Commonly Used Cybersecurity Standards
We’ve written up this list of the latest and best cybersecurity standards that all businesses should be implementing to keep themselves and their data secure.
SOC 2 Report
A System and Organisation Controls (SOC) report provides assurances about a company’s security policy. The report looks at whether a system is protected from physical and logical unauthorised access while also checking that data is stored and protected as it should be. Lastly, the SOC2 report also considers whether the system is available for use, and this report is created following a 12-month audit from a third party. A SOC 2 report is often required by regulatory bodies and governments to ensure that a company is complying with data protection laws.
ISO/IEC 27001 and ISO/IEC 27002
The ISO/IEC 27001 and ISO/IEC 27002 are international cybersecurity standards that provide a complete information security management system. Using these standards, a firm can manage the security of its assets such as financial data, intellectual property, employee information, and information provided by third parties. In many cases, these standards are required by law, but there are a wide range of IOS/IEC standards available, some of which are tailored to specific industries.
ETSI EN 303 645
The ETSI EN 303 645 was the first globally applicable standard for consumer Internet of Things devices. The Internet of Things (IoT) refers to the network of interconnected devices that utilise sensors, software and other technology to help make our lives easier. While IoT has grown in popularity, there have been a lot of concerns raised about cybersecurity. This standard aims to prevent large-scale, common assaults against smart devices that they see every day. Rather than awkwardly bolting security measures on at the end, this standard defines how to embed proper cybersecurity into IoT products from the start.
About the author
Ruben Bonan is the Founder of Marketing Marvel, an industry-leading Digital Marketing company.
Through their services, Marketing Marvel helps organizations develop their brand awareness and increase their revenues by generating high-quality leads.
Publication date: July 2021