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Automated Security Assessments
Cybersecurity and privacy regulations redesigned to protect data. They are based on the type of data processed or stored, such as privacy, financial, healthcare, etcetera. It is also based on region. All these laws require cyber risk assessments (which is actually a control assessment). Noncompliance can result in significant fines and penalties if violated. Many companies don’t have the resources or skill sets to access cybersecurity controls properly. Understanding the scope of the regulation is key to being compliant. Each regulation requires an internal cybersecurity risk assessment and third party security assessments. Most companies fall in scope for several regulations. ValuRisQ consolidates multiple assessment requirements into a single unified assessment framework. Let’s look at how ValuRisQ manages cybersecurity assessments.