Compliance

What is SWIFT? SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication. It is a global messaging network used by banks and financial institutions to securely exchange financial information, such as payment instructions, money transfers, securities transactions, and trade finance communications. What SWIFT Does SWIFT provides a standardized, secure, and efficient communication platform-but it…

What is NIST CSF 2.0? NIST CSF 2.0 refers to the updated version of the National Institute of Standards and Technology’s Cybersecurity Framework (CSF), a set of guidelines designed to help organizations manage and reduce cybersecurity risks. Originally introduced in 2014, the 2.0 version reflects advancements in technology, evolving cyber threats, and feedback from industry…

What is OWASP? The OWASP (Open Web Application Security Project) is a non-profit organization dedicated to improving the security of software and web applications. It provides free, open-source resources, tools, and frameworks to help developers, security professionals, and organizations build secure software and defend against cybersecurity threats. OWASP is globally recognized as a leader in…

What is the NIST Cybersecurity Framework, and why is it important? The National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) is a set of voluntary guidelines, standards, and best practices designed to help organizations manage and reduce cybersecurity risks. Originally published in 2014 and later updated, the NIST CSF was developed through collaboration…

The Digital Operational Resilience Act (DORA) is a regulation adopted by the European Union (EU) to enhance the resilience of financial institutions and their information and communications technology (ICT) systems against cyber threats and operational disruptions. It was officially published in the EU’s Official Journal in January 2023 and will become fully applicable on January…

What is CMMC? CMMC stands for “Cybersecurity Maturity Model Certification.” It’s a certification process developed by the United States Department of Defense (DoD) to ensure that defense contractors have adequate cybersecurity protections in place. This model is part of the DoD’s efforts to protect sensitive federal information and deter cyber threats. The CMMC model encompasses…

What is the CIS Control framework? The CIS Controls framework, developed by the Center for Internet Security (CIS), is a set of best practices and security controls designed to help organizations protect themselves from the most common and impactful cybersecurity threats. The framework provides a prioritized set of actions that any organization can follow to…

What is cyber law? Cyber law, also known as Internet law, encompasses the legal issues related to the use of the Internet. It is a broad term that refers to the legal principles and legislation governing the use of computers, networks, and digital technologies, including software, hardware, and information systems. Cyber law covers a wide…

Why have cybersecurity regulations? Cybersecurity regulations are implemented for various reasons, primarily to address the growing threats and risks associated with cyberattacks. Here are some key reasons why cybersecurity regulations are important: Protecting Critical Infrastructure: Many industries, such as energy, finance, healthcare, and transportation, rely heavily on digital systems and networks. Cybersecurity regulations help safeguard…

What is NIST SP 800 53? NIST SP 800-53 is a publication from the National Institute of Standards and Technology (NIST) that provides a comprehensive set of security and privacy controls for federal information systems and organizations. The main goal of these controls is to help federal organizations comply with the Federal Information Security Management…