Navigating Compliance: A Strategic Imperative for Cyber Resilience

Navigating the intricate web of regulations aimed at safeguarding data integrity, security, and cyber resilience is crucial not only to remain compliant with regulatory bodies, but to achieve true cyber resilience as well.?In today’s environment, organizations must go beyond simply meeting minimum standards; they must fortify themselves against current and emerging threats while building a foundation of trust with clients and stakeholders.

?? NIS2 Best Practices: A Call to Action

For those who work within the EU, the?Network Information Security Directive (NIS2)?is designed to strengthen the cybersecurity posture of critical infrastructure entities or industries to meet basic compliance requirements. Even if you don’t work within the EU, these directives might apply to your organization if you do business with EU companies.

Staying compliant with NIS2 is an organization-wide undertaking that, for many businesses, will mean implementing a number of new processes and technologies. The first step to take on this journey is to have staff conduct a comprehensive risk assessment of your IT systems to identify gaps in your environment. Then, by taking insights from these analyses, wider cybersecurity teams can implement encryption procedures and policies, formulate disaster recovery (DR)?plans and educate other staff about those plans. Other critical practices include incorporating least-privilege access control for employees, choosing a solution that offers continuous vulnerability reporting, using multi-factor authentication (MFA), and ensuring regular up-to-date backups for your most critical data.

?? DORA Compliance: Strengthen Financial Resilience

The introduction of the Digital Operational Resilience Act (DORA) by the EU also marks a significant milestone in the journey toward a safer and more stable financial ecosystem. The financial services sector, together with their cybersecurity and resilience structures, has witnessed firsthand the evolution of digital threats and the increasing sophistication of cyber adversaries.

“Operational resilience is about more than just preventing attacks; it’s about ensuring that financial services can continue to operate effectively, even in the face of disruption.” - Andre Troskie , EMEA Field CISO, Veeam Software

DORA regulations are particularly relevant for organizations within the financial services industry (FSI), where it aims to standardize digital operational resilience frameworks across all EU member states to ensure financial institutions can withstand, respond to, and recover from ICT-related disruptions and threats. DORA does this by focusing on several key areas: ICT risk management, incident management and reporting, digital operational resilience testing, third-party risk management practices, collaboration between financial entities, and general oversight of operations across the board.

?? HIPAA Updates: Safeguarding Sensitive Data

The proposed updates to the Health Insurance Portability and Accountability Act (HIPAA)?Security Rule reflect a critical evolution in healthcare compliance, driven by an urgent need to address escalating cyber threats and ensure the protection of electronic protected health information (ePHI). Emphasizing proactive cybersecurity, these updates enforce bi-annual vulnerability scans, strict data encryption, and rapid breach reporting — all of which will go a long way to improving the resilience and security of critical healthcare data.

?? Embracing AI for Data Resilience

The right processes must be in place to ensure that the data flowing in and out of AI models is available and accurate — but most importantly, protected and intelligent too.?Staying compliant with regulatory frameworks naturally requires your organization to become more data resilient, but one more area where it’s going to become critical to ensure your data resilience is in AI. Since AI is only as good as the data that’s behind it, your data must always be available so businesses can operate no matter what happens.?

Whether your organization is just beginning your compliance journey or seeking to refine existing practices, viewing compliance as an opportunity rather than a burden is crucial. It is a chance to strengthen cybersecurity, enhance operational resilience, and position your organization as a leader in a landscape that demands ongoing vigilance and strategic foresight.

?? Other News

?? AI-Powered Solutions for Data Resilience: An Expanded Partnership with Microsoft

We just announced our expanded partnership with Microsoft to build AI solutions that help customers protect, recover, and unlock more value from their data! By working with Microsoft, we hope to create solutions that can offer faster insights, valuable threat detection, and more recovery automation.

?? #StopRansomware: Ghost (Cring) Ransomware Advisory

While social engineering, phishing, and scams are well-known and prevalent vectors of ransomware, unfortunately, there are other attack methodologies to look out for too. The FBI just published a new security advisory warning about a particularly dangerous ransomware campaign called Ghost. The number one mitigation the CISA and FBI recommend is maintaining regular system backups, since Ghost victims whose backups were unaffected were able to restore operations without having to pay a ransom.