Navigating the Cybersecurity Maze, Simplified Cross-Compliance for Growing Businesses

It is becoming difficult for everyone to keep ahead in this never-before-seen rate of cyber threats. Businesses alike are responding by increasing their security budget or pursuing certifications to strengthen their defenses and increase trust in their customers. In order to improve security and privacy posture governments are also stepping up by making various new or strengthening existing laws and regulations.

For instance, on February 28, 2023, Singapore launches of the Singapore Cyber Safe Programme recognize startups and SMBs who take proactive steps to mitigate their distinct cybersecurity risk profiles. These certifications allow businesses to prove their commitment to security.  Similarly, initiatives like the Cyber Security Act 2024 in Australia designed to enhance their national cybersecurity.

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The Challenge for Businesses: Time, Cost, and Complexity

Although the implementation of these frameworks and regulations is clearly a step in the right direction, it also poses substantial challenges for businesses, especially startups and SMBs. Complying with multiple frameworks or standards often demands considerable time and resources, which can put a strain on already restricted abilities.

The rapidly increasing number of regulations may not be feasible for growing businesses that are already dealing with operational difficulties to devote more resources to satisfy these compliance requirements. Thus, businesses need solutions that not only guarantee compliance but streamline the process, allowing them to focus on growth and innovation.

This is where FEHA Cross-Compliance, a strategy created to simplify compliance and lessen the strain on businesses, comes in.

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FEHA Cross-Compliance, Empowering Small Businesses to Thrive

The deliberate use of a single, simplified process to attain compliance with many standards, frameworks, rules, and regulations is known as cross-compliance. It enables businesses to maintain security and privacy controls while cutting down on the time, expense, and effort required to remain in compliance with changing compliance requirements.    

At FEHA, we deliver a proactive and personalized approach to cross-compliance by combining the cutting-edge capabilities of our AI Agent with the expertise of dedicated security experts. Our unique method ensures streamlined implementation by identifying overlapping controls across various standards and frameworks. This allows us to focus on the most optimal and effective tasks, helping businesses save time and achieve compliance all at once.

For example, when comparing incident response requirements, the PDPA Singapore mandates organizations to report notifiable data breaches to the Personal Data Protection Commission (PDPC) within 72 hours. Specifically, under Section 26D(1), it states:  

26D.—(1) Where an organisation assesses, in accordance with section 26C, that a data breach is a notifiable data breach, the organisation must notify the Commission as soon as is practicable, but in any case no later than 3 calendar days after the day the organisation makes that assessment.

ISO 27001 A.5.26 - Response to Information Security Incidents, provides guidance on the actions to take during an information security incident but does not specify a specific time frame for reporting, the guidance includes:  

Actions to be taken in case of an information security event (e.g., noting all pertinent details immediately such as malfunction occurring and messages on screen, immediately reporting to the point of contact and only taking coordinated actions);

In this case, PDPA Singapore 72-hour reporting timetable can be a good guideline for business trying to align their incident response processes with a clear and practical timeline. Businesses that want to adhere to both ISO 27001 and PDPA Singapore can use the defined 72-hour requirement as an effective guide to make sure their incident response meets regulatory standards.

FEHA bridges the gaps between frameworks by delivering integrated solutions that satisfy the requirements of multiple standards and regulations, ensuring maximum efficiency and effectiveness. Our tailored strategies streamline your compliance journey, whether you’re working with ISO 27001 or any national laws and regulations.  We optimize your efforts while assisting you in achieving outstanding outcomes.
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Contact us today to find out how FEHA can transform your compliance procedure!