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Presented by Vanta
Security is greater than a threat mitigator its a rise enabler too. Meet up with this VB On-Demand event to understand how an automated security and compliance improves your security posture, helps meet SOC 2, HIPAA, or ISO 27001 regulations, gets you compliant fast, and much more.
Cyber criminals are receiving smarter, their attacks are continuously evolving, and their successes are leaving marks. Assaults are scaled effortlessly, from the one-to-one text phishing attempts on employees who post about new jobs on LinkedIn, to the unprecedented campaign contrary to the Costa Rican government that brought a lot of their infrastructure to a standstill, leading to losses of $125 million over 48 hours.
Whats notable may be the sophistication, says Kaitlin Pettersen, VP of customer experience at Vanta. The seeming legitimacy is improving. Theyre getting smarter. Theyre getting ultimately more strategic, and the financial and reputational cost of the data breaches is high.
Customer trust is easily lost, however, not easily won back and that directly impacts your important thing. Globally, fines for GDPR violations are huge, but smaller companies may also be facing financial consequences for violations. The CCPA in California opens the entranceway to lawsuits from customers whose data was involved with a breach. The price per incident might not be huge, but multiplied across most of a companys customers, it accumulates rapidly. Combined with reputational hit, its a blow to your trajectory as an organization.
Along with risk protection, compliance and security can be ideal for business, for the reason that it can help attract and retain customers, she adds. For example, SOC 2 certification may be the most sought-after security framework for growing SaaS companies, demonstrating an organizations capability to effectively safeguard the privacy and security of customer and client data.
It could seem daunting, specifically for smaller companies without specialized roles focused on security issues, but automation and technology are actually open to lift the responsibility, and ensure it is easier than it was previously to avoid attacks and fines.
It requires a combo of security or the ongoing practices and policies that you set up to look after your visitors data and protect the integrity of one’s business and compliance. That, and the associated standards, is what demonstrates your great security posture, especially as more standards emerge.
The old adage could very well be overused, however the best defense is a real good offense, Pettersen says. Taking a stand and maintaining good security practices and staying compliant will mitigate risks and keep businesses protected from attacks and hefty fines. But thats easier said than done.
The difference automation makes to security and compliance
As threats continue steadily to grow, a growing amount of businesses, and certainly larger enterprises, view compliance and security as table stakes for employing any partner or vendor.
Building good security posture and having the ability to demonstrate which will enable businesses to thrive, and really empower them from an economic perspective in memories and bad, because its assisting to build trust efficiently in prospects and customers, says Petersen. And leveraging automation to obtain there faster and much more effectively can help small, medium and large businesses win more and larger deals.
A security and compliance platform like Vanta decreases the responsibility of security and compliance by pairing an automated compliance platform with a guided audit experience, from onboarding to final reports. It integrates with the popular cloud services, identity providers, task trackers and much more to automate the complex and tedious work of gathering evidence for security audits, and runs hourly checks on something to make sure compliance stays set up.
Centralized organizational security helps companies properly onboard and offboard employees, remediate issues from failed tests, and manage policies and documents in a single place. It includes visibility into employee-related tasks like criminal background checks and security training. With two-way task tracker integrations, it could discover, assign and resolve issues because they happen. Continuous monitoring catches activity out of line with security policies any place in the business. And a dashboard offers updates instantly, identifying in which a companys security posture and compliance stands.
Staying up to date with the changing security and compliance landscape
Your security and compliance partners and vendors ought to be offering you helpful content and resources, Pettersen says. Its the duty of companies like Vanta to offer you something that allows you to do that better and much more successfully, but to also assist you to understand what an excellent security posture is, what this means to mitigate risk, and just why compliance is indeed essential to successful businesses.
For more information in what compliance standards your organization requires, how exactly to mitigate security risks while ensuring continuous compliance, how automation is changing the overall game and much more, dont miss this VB On-Demand event.
- Moving compliance beyond a checkbox approach
- Securing enterprise customers and upping your topline
- The financial and reputational cost of data breaches and how exactly to de-risk your organization
- Market-leading solutions to continuously improve security
- Proving your gold-standard compliance to prospects
- Chad McAvoy, VP DevOps & CIO, Co-Founder, AdaptX
- Kaitlin Pettersen, VP of Customer Experience, Vanta
- Tim Keary, Security Editor, VentureBeat (moderator)