Compliance standards and guidelines continue to gain traction and are being implemented in many industries, as well as across local and national government agencies. While some standards are optional, the majority are required and most levy hefty fines for non-compliance.
Popular opinion is that only companies within regulated industries need to worry about cybersecurity, believing that data protection is only a requirement for regulatory compliance. But any organization that receives, stores, or handles consumer or sensitive business data, needs to protect that information – it’s always at risk. Hackers never stop looking for the weakest link into a network, and employees can pose threats through negligence or bad intention. Every organization needs data protection.