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IT Compliance describes, among other things, compliance with applicable laws and legal norms that regulate, for example, the handling of customer data. The new EU General Data Protection Regulation (GDPR) is a prominent and much discussed example. Companies are required to establish processes that ensure compliance with these laws, for example by restricting access to sensitive data or early warning systems for hacker attacks. Compliance management is also required to comply with certain industry standards, such as PCI DSS for processing credit card information.
But compliance policies are not only important for regulatory requirements - they also help prevent valuable corporate data from falling into the wrong hands, protecting against industrial espionage and other financial risks. Internal requirements are therefore laid down in compliance guidelines, from e-mail communication to the handling of passwords, cloud storage and much more.
or 4% of annual turnover - whichever is higher - are the fines that can be imposed under GDPR for breaches of data protection.
Compliance is often perceived as an issue that only plays a role in larger companies - but SMEs are also affected by legal requirements, industry standards and norms that have to be complied with.
IT compliance guidelines, such as the new EU General Data Protection Regulation, not only help to avoid fines and claims for damages, they also protect against damage to the company's image - for example through data protection scandals - and the resulting loss of customers or disadvantages when public contracts are being awarded.
Last but not least, compliance enables the correct operation of IT, which increases security and is indispensable in times of increasing cyber attacks. In this way, dangers such as industrial espionage from outside or inside can be averted and economic success can be secured in the long term. At the same time, the company's value increases if compliance with certain standards enables it to enter new business areas and markets.
The age of digitalisation has given rise to standards and guidelines for each economic segment. In order to efficiently implement the IT security measures prescribed by standards such as GDPR, PCI-DSS or BSI, a holistic security solution is therefore essential.
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