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Today, we are comparing IT Security and IT Compliance. Read this article to determine if compliance or security is more important for your organization. On our channel, we share thoughts on recent developments in the tech industry. Follow us not to miss new Blogs.
What is Compliance in Information Technology?
The purpose of IT Compliance is to meet the privacy and security requirements of certain governments, markets and customers. From a business perspective, IT Compliance helps businesses avoid penalties and fines, build a positive business reputation and improve data management in your company.
Who’s responsible for IT Compliance?
- Chief Compliance Officer: who is responsible for the work of the compliance department
- Compliance Department: it is responsible for developing and implementing the compliance program, overseeing and managing risks, organizing regular reviews and audits, etc.
- Chief Technology Officer: who is responsible for the applied technology framework and infrastructure.
Common IT Compliance Standards
Some of the most common IT Security compliance standards include:
- GDPR (General Data Protection Regulation): aimed at safeguarding the privacy of customer information in the European union.
- CCPA (California Consumer Privacy Act)
- HIPAA (Health Insurance Portability and Accountability Act): regulating how medical organizations treat patients’ information.
- SOX (Sarbanes-Oxley Act): regulates the transparency and disclosure of financial data.
- PCI DSS (Payment Card Industry Data Security Standard): that protects customers credit card information
- ISO 27000: which is a set of standards for managing information safety.
Security in Information Technology
IT Security represents a set of policies, measures and tools used by the organizations to safeguard their business data. Implementing security compliance measures helps businesses to increase productivity, boost customer trust and avoid financial losses that data breaches can cause.
Who is responsible for IT Security?
As a rule, the IT Security team consists of:
- Chief Information Security Officer: who creates and maintains the organization’s security architecture and coordinates the activities.
- IT Security Department: that takes care of real-time identification, analysis and prevention of risks and threats, and performs regular audits.
IT Security Areas
A successful information security compliance strategy usually implies controlling and safeguarding 4 main areas related to data storage and transfer:
- User-level security
- Data security
- Application security
- Network security.
Examples of common IT Security measures
- Data encryption
- Firewall implementation
- Regular backups
- Multi-factor authentication.
What are the similarities and differences of IT Security vs IT Compliance?
Similarities
- Both reduce a range of risks
- Both are important for building customer trust.
Differences
- Different types of enforcement: IT Compliance standards are imposed by external organizations while IT Security measures are internal initiatives.
- Different types of losses: ignoring regulatory standards can lead to fines, failing to implement effective security measures may result. On the other hand, in both financial and data losses.
- Different in nature of procedures: implementing IT Security is a more evolving procedure once a business has reached the minimum compliance with regulations, there’s no necessity for change.
So, what’s more important? Compliance or Security? Well, IT Compliance and IT Security are the two intertwined processes that go hand in hand. Do you think it’s important to achieve compliance or security for your business?
This article was prepared by the EZtek team. EZtek helps top brands worldwide to innovate and accelerate digital transformation. We provide world-class enterprise software engineering, design and technology consulting services.
