Description
Importance/ Benefits / Why is Regulatory Compliance Important?
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Insurance of Data Protection for continual improvement.
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Builds the trust of customers and improves public relations.
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Establish and maintain Policies and Procedures.
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Make it more attractive to investors with strategic decision-making.
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Increases Efficiency and safety in the workplace.
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Types of Regulatory Compliances –
The regulatory compliance structure has a variable shape and is classified into several types –
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RBI Compliance Audit – The RBI has built a governance structure and standardized framework for information and cyber security to guarantee that all security concerns are regularly handled.
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IRDAI Compliance Audit -IRDAI oversees and controls the insurance industry in India in order to protect the interests of policyholders and promote the expansion of insurance throughout the nation.
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SEBI Compliance Audit – The RBI introduced a regulatory obligation known as a Suspicious Audit Report (SAR) to ensure sufficient data localization controls and security procedures are taken when storing payment-related data.
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Cert -In Security Audit – A computer emergency response team security audit is one that identifies, protects against, detects, and responds to cybersecurity threats within a company.
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Information Security Audit– An information security audit is a methodical, quantifiable technical evaluation of the implementation of the organization’s security policy.
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SAR Compliance Audit – A compliance requirement established by RBI to guarantee adequate data localization and security controls for the storage of payment-related data.
Description
Kratikal is a CERT-In Empanelled cyber security solutions provider. It is the trusted partner for enterprises and individuals, seeking to protect their brand, business and dignity from baffling cyber attacks. Kratikal has carved out a position in the cyber security space, earning the trust of some of the world’s most prestigious businesses, from various industries such as Fintech, Telecom, Healthcare, E-commerce, and others. Our trained security professionals assist in finding vulnerabilities, by applying worldwide compliances such as ISO 27001 and SOC2.
We have been involved in the design, and implementation of information security management systems since the time standards were adopted by the industry. We are experts in conducting a thorough examination of a company’s IT infrastructure and providing effective cyber security solutions.