Prof. Dennis-Kenji Kipker and Fred Tavas discuss why compliance with laws and regulations such as GDPR, DORA, NIS2, CCPA, as well as industry-specific standards like VAIT and BAIT, is necessary to protect companies from legal and financial risks, and which technologies need to be implemented for this purpose. Violations of these requirements can result in heavy fines and long-term reputational damage. Compliance also ensures the trust of customers, investors, and partners, which is crucial for the long-term stability of a company.
For leadership, it's important to have a comprehensive view of the cybersecurity landscape, as cyber risks directly impact business strategy and operational stability. Regular reporting provides essential information about potential vulnerabilities and enables executives to make informed decisions about risk mitigation and investments in security measures.
Integrating a Network Detection & Response (NDR) solution, alongside the orchestration of existing technologies like firewalls, SIEM, EDR, and SecOps, enables comprehensive threat monitoring and defense. An NDR solution works in conjunction with these technologies to detect, analyze, and mitigate attacks early, while also providing the data necessary for compliance. This not only reduces the likelihood of successful attacks but also meets regulatory requirements and continuously improves the company's security posture.