SECURITY VS. COMPLIANCE: WHAT’S THE DIFFERENCE?
Security vs. Compliance: What’s the Difference?
December 8, 2021 | by Jacob Acker
Compliance comes into play when third-party regulatory/governmental bodies are involved. Typically, compliance seeks to ensure that your business has implemented the irreducible minimums of various security standards such as HIPAA, GDPR, or PCI. Compliance aims to meet:
- Industry regulations
- Security frameworks
- Government policies
- Client contractual terms
SECURITY OR COMPLIANCE?
Both. For you to be successful in business, you’ll need to both secure your business and comply with third-party regulatory or contractual guidelines. For instance, to get a DOD contract, you’ll need to comply with CMMC standards that apply to that contract. On the other hand, if you experience a breach due to weak security, you risk the loss of critical business data, revenue, and reputation damage, even if you’re compliant.
In summary, security:
- Is done for your own sake while compliance seeks to satisfy a third party’s requirements.
- Seeks to protect your digital assets through risk assessment, monitoring, and mitigation, but business needs drive the need for compliance.
- Should be frequently maintained, whereas compliance is a one-time event and is complete once the regulatory body is satisfied.
To conclude everything, IT security is the practice of executing adequate technical controls to defend your systems and networks against cybersecurity threats, while compliance is applying these practices to meet third-party regulatory or contractual requirements.
WHAT SHOULD YOU DO?
Whether you’re looking to solidify your security or meet a new compliance threshold, you’ll need a good IT team to implement the required security measures. However, building an effective in-house IT team is not easy, not to mention how costly that may be. Therefore, seeking a managed security solution, such as ICS Data, is wise, practical, and cost-effective, especially for SMEs. Get in touch to get started.