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The Importance of Security and Compliance in Enterprise Applications

OTS Solutions

However, as more organizations rely on these applications, the need for enterprise application security and compliance measures is becoming increasingly important. Breaches in security or compliance can result in legal liabilities, reputation damage, and financial losses.

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What is GRC? The rising importance of governance, risk, and compliance

CIO

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. What is GRC? GRC is overarching.

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Optimizing PCI compliance in financial institutions

CIO

In the fast-evolving world of finance, data security is of paramount importance. Financial institutions must ensure the protection of sensitive personal information, most commonly payment card data, to maintain, trust and meet various regulatory requirements. This is where a Common Controls Assessment (CCA) can play a pivotal role.

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Generative AI: Balancing security with innovation

CIO

Slowing the progression of AI may be impossible, but approaching AI in a thoughtful, intentional, and security-focused manner is imperative for fintech companies to nullify potential threats and maintain customer trust while still taking advantage of its power.

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10 essential tips for bolstering cloud security in your business

CIO

This makes it more critical than ever to adopt strong security measures to protect sensitive information and infrastructure. However, while cloud computing offers benefits like improved efficiency, scalability, and accessibility, it poses new security challenges.

Cloud 331
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The Importance of Security and Compliance in Enterprise Applications

OTS Solutions

However, as more organizations rely on these applications, the need for enterprise application security and compliance measures is becoming increasingly important. Breaches in security or compliance can result in legal liabilities, reputation damage, and financial losses.

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CISOs are not just the keepers of our data – they must be its custodians

CIO

According to Deep Instinct’s research , 75% of security professionals observed an increase in cyberattacks in 2023, with 85% of them attributing the rise to generative AI. Changes to social expectations surrounding privacy have led to individuals wanting transparency and security from the entities that collect and process our data.

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