Why Your Company Should Adopt Stronger Privacy Standards Regardless of Your Headquarter Location

November 10, 2022

Over the past few years, location-based security standards have become increasingly popular in InfoSec. These standards, often informed by government regulations, laws, or cultural feedback, are now widely regarded as industry norms, even if all locations don’t necessarily need to adhere to them.

One example, GDPR (General Data Protection Regulation), pertains to an entire region. GDPR is a security and privacy law that protects the entire European Union, and as such, any vendor doing business with an EU-based organization must adhere to these guidelines. Another example, CCPA (California Consumer Privacy Act), is more locally based. This regulation is a state-based standard that protects the citizens of California. In both examples, any vendor doing business with another organization sharing or collecting data of individuals protected by these guidelines must be governed by these controls.

If you aren’t beholden to one of these location-based security standards, your team should continue to strengthen and broaden your security protocols to meet these different regulations.

 

Strengthen your security standards across the board, not just in a single location

One of the most significant benefits of adopting any security standards, regardless of the why or how, is that it can strengthen your security controls across the board. Even if you don’t technically need to adhere to GDPR, you will still have these protocols in place that could help protect other areas of your business and your data.

Additionally, location-based security standards are becoming increasingly popular in different regions. As technology, data, and personal privacy continues to be a top conversation topic for lawmakers, industry experts, and end users alike, ensuring personal data is protected is a hot topic across the board. This attention to personal privacy can also be seen in industry-specific regulations, like those for the healthcare or financial industries.

 

Meet (and exceed) location-based privacy regulations where needed

Once you have location-based security standards in place, your team can confidently enter into vendor partnerships as required without worrying about scrambling to meet privacy regulations. This is great for organizations looking to expand their customer base, partner with new vendors, or serve new markets. In addition, your team can have a ready and able marketing tool in your back pocket to promote in external security documentation and even in sales conversations.

 

Ready to get started?

While not all organizations require location-specific security controls, they are becoming more and more common in today’s InfoSec landscape. By adopting stronger security regulations regardless of where your company is headquartered, your team can boost your overall security protocols while strengthening your reputation in your industry. You can learn more about location-based privacy regulations and build your team’s strategy with Whistic. Learn more and get started here.

information security cybersecurity vendor risk assessment vendor security review vendor security management

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Whistic
Whistic

The latest insights and updates on information security and third party risk management.

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