The NIST Privacy Framework wake up call
Feburary 2020: The National Institute of Standards and Technology (NIST) have created a new privacy tool that shall be an awakening for organisations who have not yet made the many privacy laws a priority. Alex Brown, VP of Product at SureCloud, states that many privacy regulations are growing and advancements in technology are adding challenges with then complying with the new regulations.
The answer to the rapid advancements in technology
Kathleen, EVP of North America.
“The NIST Privacy Framework is filling a much needed void as advancements in technology are rapidly creating new ways of using personal data, but this must be balanced with protecting people’s privacy. Companies that fall under multiple privacy regulations can now use a single framework to take an ‘implement once, comply with many’ approach, rather than developing separate programs for each regulation.”
Aligning a variety of needs and requirements
There are other frameworks in addition to the NIST Privacy Framework that companies have to deal with in the constantly evolving regulatory and digital landscape of digital and regulatory.
Due to this, the new framework has been integrated into SureCloud’s data privacy, risk and compliance management solution which already supports other regulations and structures including the following:
- NIST Cyber Security Framework
- International Organisation for Standardisation (ISO) standards
- Payment Card Industry Data Security Standard (PCI DSS)
- Information Security Forum (ISF)
- California Consumer Privacy Act (CCPA)
- General Data Protection Regulation (GDPR).
Meeting your organisation’s unique needs
To drive the NIST Privacy Framework lifecycle from assessment to control activity implementation to remediation, SureCloud has created an end-to-end workflow. Whether the company’s privacy programmes are at the start of their journey or fully established, SureCloud offers guidance bespoke to your requirements and has completely configurable workflows and templates to cover all areas of practices specific to each company.
“This framework is essential as it helps organisations, big and small across all industries identify foundational to maturing privacy protection activities that are aligned to business objectives, policies, regulations and risk management strategy. It also aligns cyber security, risk, privacy, compliance and operations teams on requirements, while also providing a way to assess the risk of future data privacy concerns with emerging digital and technology projects.”
The benefits for businesses using SureCloud’s solution include utilising real-time, drillable dashboards which report on your risk and compliance posture. Additionally, companies can, link their data privacy program to other risk, cybersecurity and compliance activities – enabling them to report on a genuine risk impact across the company in a more meaningful, yet simplified way which can be understood by executives including those on the board.
The benefits for businesses using SureCloud’s solution
Alex Brown, VP of Product
SureCloud’s solution is a single place where you can launch and manage your constant risk, compliance, and data privacy programs, allowing you to simplify the efforts needed to meet many regulations. SureCloud can be used by companies to grasp a better understanding of their own risk tolerance, enable security, privacy and legal teams to speak in the same language. With SureCloud, companies are also importantly able to get more value out of these frameworks by adopting a risk-based method for categorising the policies and setting actions in a way that’s right for them.
SureCloud is a provider of cloud-based, Integrated Risk Management (IRM) products, Cybersecurity and Risk Advisory services, which reinvent the way you manage risk. SureCloud connects the dots with IRM solutions enabling you to make better decisions and achieve your desired business outcomes. SureCloud is underpinned by a highly configurable technology platform, which is simple, intuitive and flexible. Unlike other GRC Platform providers, SureCloud is adaptable enough to fit your current business processes without forcing you to make concessions during implementation; meaning you get immediate and sustained value from the outset.