Whitepaper: If you think compliance is expensive, try violations

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Oracle has released a whitepaper talking about compliance and violations that IT structure today faces when it has sensitive data in the cloud.

Many companies have embraced the cloud and while it brings improved efficiency, flexibility, reduced costs and more, it must adhere to certain laws and regulations which safeguard sensitive data of organizations, industries, employees, partners, consumers, patients, and citizens, and while compliance might be a big issue for some companies, violations or data breaches come with cost that outweighs the cost of getting compliant with those same regulations.

While organizations that collect personal data are struggling to manage security and with the General Data Protection Regulations (GDPR) coming into effect on May 25th, these organizations face big challenges and security has become the top priority for IT departments.

According to the whitepaper, while the regulatory compliance is complicated due to a number of laws, regulations, and guidelines, they all point to the same thing, a proof that the company is collecting, analyzing and storing the data securely.

The whitepaper also gives an overview of major regulations like the Health Insurance Portability and Accountability Act of 1996 (HIPAA), Sarbanes-Oxley Act (SOX), Federal Information Security Management Act (FISMA), Payment Card Industry Data Security Standard (PCI DSS), the aforementioned European Union General Data Protection Regulation (GDPR) and other local and international standards and regulation codes that apply to various industries, fields, and specialized trades.

With the implementation of the cloud-based network, the network-perimeter concept has been somewhat blurred, but while cloud service providers are responsible for the security of their global infrastructure, companies still need to implement security measures that will protect content, applications, systems, platforms, and data.

The whitepaper also lists some of the core compliance technologies including securing users with identity and access management, securing apps with application security, and securing data with data security.

As it is a whitepaper from Oracle, the company also used this opportunity to talk about its Security Cloud Services including the Identity-based Security Operations Center (SOC) framework, which provides comprehensive monitoring, correlation, threat detection, analytics, and remediation tools across hybrid environments. The whitepaper also talks about the Oracle Cloud Access Security Broker (CASB), which has emerged as the go-to solution for cloud security, residing between on-premises infrastructure and cloud infrastructure, it protects the entire cloud footprint, including infrastructure (IaaS), applications (SaaS), and platform services (PaaS).

As a big company, Oracle provides a complete solution that should cover monitoring, threat detection, analytics, and remediation tools across hybrid environments with both on-premises and cloud resources.

You can download the full whitepaper, titled “If You Think Compliance is Expensive, Try Violations” directly from Oracle.com.