Cyber Security

Federal Cybersecurity Laws Every Professional Should Know

As cyber threats become more sophisticated, it is essential for professionals to prioritize federal cybersecurity laws and best practices. These practices are like the locks on your doors, keeping your information safe from prying eyes. Cybersecurity best practices include using strong passwords, keeping software up-to-date, and avoiding public Wi-Fi. Remember, implementing cybersecurity best practices is not a one-time event but a continuous effort to protect your online presence. This article at Cyber Security Degree provides valuable insights into federal cybersecurity laws.

Five Federal Cybersecurity Laws

Data breaches damage business reputation and revenue, and non-compliance with federal cybersecurity laws can result from sloppy security. Familiarize yourself with cybersecurity laws to avoid these issues. A data breach can lead to lawsuits, penalties, and fees, so it is crucial to take proactive steps to protect your business and customer information.

As a cybersecurity professional, it is essential to know about five federal cybersecurity laws:

  • The Gramm-Leach-Bliley Act (GLBA) protects private financial information by setting access, storage, and collection standards. Companies hire cybersecurity experts to safeguard this sensitive data. GLBA plays a vital role in maintaining privacy and security for financial information.
  • Health Insurance Portability and Accountability Act (HIPAA) applies to medical institutions handling sensitive info, requiring them to disclose storage and sharing methods. Cybersecurity firms working with medical institutions must comply with HIPAA regulations and understand its guidelines.
  • Cyber Security Information Sharing Act (CISA) lets tech companies and government share data for faster threat identification. Cybersecurity pros follow these laws for sensitive data by conducting frequent audits, assessments, and updates.
  • California Consumer Privacy Act (CCPA) is a cybersecurity law in California that applies to companies collecting personal information from state residents. It covers businesses receiving or sharing the personal information of over 50,000 California residents per year. Also, it impacts firms generating revenue exceeding $25 million annually or over 50% of profits from selling personal data.
  • The U.S. Government Accountability Office (GAO) has identified cyber challenges not covered by law: privacy, oversight, workforce, tech, and supply chain. Securing federal systems requires enhancing incentives, programs, and incident response. Cybersecurity professionals must address these issues. Lobbying firms have tripled since 2008, advocating for data breach protection. Companies recognize the role of cybersecurity in improving profits and brand reputation.

How Breaking a Cybersecurity Law Can Affect You

Breaking a federal cybersecurity law can lead to severe penalties based on the data exposed. Companies can lose their reputations and customers in addition to paying fees and fines. Cybersecurity professionals may feel pressured to prevent breaches. Violations of HIPAA and the Federal Information Security Management Act (FISMA) can lead to public funding loss, fines, or jail time. Complying with international laws like Payment Card Industry Data Security Standards (PCI DDS) and General Data Protection Regulation Act (GDPR) is vital. Not complying can result in fines, loss of customers, and reputation damage. So, having a robust cybersecurity system is crucial to protect sensitive data.

Furthermore, the author elaborates on ways to prevent cyber security threats from occurring.

To read the original article, click on https://cyber-security.degree/resources/5-cyber-security-laws-to-know/

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