Cybersecurity Regulations That Minimize Risk
For the most part, cyberattacks tend to focus on the stealing and selling of personal data. However, that’s not the only type of cyberattack. Some attacks are simply meant to cause a disruption in normal business operations. Instead of financial gain, these types of attacks are motivated by a desire to hurt a brand’s public reputation.
This is particularly worrying for financial institutions. These entities are often targeted due to their vital economic role, access to “high-value” information such as credit card numbers, or public safety attributes. To mitigate the growing risk of threats, government agencies and private-sector organizations have collaborated to develop security compliance guidelines and standards to fit each of these industries.
Standards and guidelines are extensive for the financial industry. Credit unions, commercial banks, insurance companies, and all other businesses that fall under this category follow several regulations and guidelines created by the Financial Industry Regulatory Authority (FINRA). In addition to those primary standards, financial firms must also comply with the regulations set in place by their states.
Protect Yourself Against Cyberthreats
At SSE, we specialize in cybersecurity solutions. Our robust security processes and compliance standards are designed to keep your network safe and secure from external threats. If you would like to learn more about how we can protect your company from unwanted intrusions, give us a call today!