Whitepapers : The Five Main Steps In A Compliance Risk Assessment Plan

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The Five Main Steps In A Compliance Risk Assessment Plan

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About the Whitepaper

Cyberattacks and data breaches are no longer merely an IT problem. They have the potential to cause business disruption, financial damage and reputational harm. Data theft can introduce a raft of legal and data privacy implications for organizations. According to IBM, the average data breach now costs organizations $4.45 million.

Moreover, regulations are increasingly requiring organizations to follow industry cybersecurity compliance standards or suffer painful consequences. Nearly every industry—including government, financial services, retail, banking, insurance, education, healthcare and more—is required to comply with specific cybersecurity regulations, standards and frameworks.

What Is A Compliance Risk Assessment Plan, And Why Do Organizations Need One?

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