No matter the industry, cybersecurity is a major issue that’s only becoming more prominent over time.
To get the scoop on the latest trends and innovations happening in the industry, thousands of professionals will gather for Infosecurity North America, our annual, immersive cybersecurity event in New York from November 14 to 15.
Ahead of the event, we conducted a new study that examines the impact of data privacy legislation and how cybersecurity professionals view it. For the survey, we polled more than 100 CISOs throughout the country to get their take.
Here’s a deeper dive into some of its most interesting findings.
November 14-15 join the East Coast cybersecurity community at Infosecurity North America – Leading the critical debate. Register today!
Almost 80 percent say legislative rollouts lack clarity
According to our study, 77 percent of CISOs are receiving conflicting advice about new or changing regulation. Furthermore, when asked what regulatory bodies should do to help promote a smooth rollout of privacy regulations, 35 percent of respondents said that regulators should provide clearer communication about compliance requirements.
What’s more, 31 percent said that regulatory bodies should allow a grace period so organizations can tweak their processes without penalty. Seventeen percent also said that regulatory bodies should permit more time for compliance, and another 17 percent wanted greater access to troubleshooting resources.
This type of legislation is incredibly intricate, and as it becomes more widespread, legislative and regulatory bodies need to make sure they provide the clarity and resources to make compliance as straightforward as possible.
Nearly 90 percent of executives want federal privacy regulations
Our survey found that 89 percent of respondents want federal level data privacy regulations in the United States. Additionally, 78 percent of respondents say that increased regulatory oversight is driving investment in cybersecurity within their organization. This suggests that despite the potentially unsettling effect of regulation on the sector, privacy regulation is actually having a positive impact.
Recent Legislation, GDPR and DFS Regulations Force Changes
Seventy-six percent of respondents said that they were forced to adapt their organization’s cybersecurity apparatus as a result of GDPR. In addition, 72 percent of respondents said that they were forced to make changes to their organization’s cybersecurity operations as a result of New York State’s DFS regulation last year.
With more data privacy rules coming down the line, cybersecurity teams have already been forced to adjust. Each piece of regulation will bring its own challenges, but cybersecurity professionals now at least have the ability to gather much needed insight into the impact of changes as a result of GDPR and DFS.
Cybersecurity Professionals Confident They Are Compliant
Despite the confusion over regulation, 90 percent say they’re confident that their organizations are compliant with current relevant security regulations. Compliance is an ongoing hot topic for cybersecurity professionals today. And given that data privacy regulation continues to become more expansive and commonplace, cybersecurity teams need to be vigilant and stay on the front foot to meet regulatory oversight.
Cybersecurity regulations are intricate, and will require a continued understanding of the space’s evolution moving forward. These and other topics will be covered at Infosecurity North America, where intense customer research has informed event sessions about many critical information security issues and emerging concepts. Among them are malware, cloud security, governance, regulation and compliance, threats, professional development, application security and digital forensics.
Infosecurity ISACA North America will take place on November 20 – 21, 2019 at the Javits Convention Center, New York. Register today!