SRA 111 - assignment 1 - ASSIGNMENT 6 With regards to...

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ASSIGNMENT 6 With regards to Compliance, explain the difference between Regulatory compliance and Industry compliance. Do you believe and industry compliance would sustain litigation? - Compliance issues have completely changed the way the information security works at a higher level. Recently there have been many major scams and breaches which have forced companies to improve security measures and comply with stricter rules. - Regulatory compliance is a company’s obedience to laws, guidelines and specifications related to its business. It is very specific and field oriented in which a given organization is operating. On the other hand in Industry compliance are not directed by laws but have huge effects upon our ability to carry out business. Key example which is commonly used in compliance with the PCI DSS, is referred as PCI compliance. Regulatory compliance is much more important than industry compliance as it is a valuable part of compliance program which is used to educate the participants and find and fix various issues. Regulatory compliance are far reaching and much more impactful than we can think of.
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