Madan Mohan
Compliance is the process of establishing or enhancing organisation’s information security controls in accordance with local and international laws/regulatory standards or guidelines. Regulatory compliance has moved from being a baseline necessity to being an effective tool for implementing good practices. It not only links audit and IT department, but also provides a platform to highlight key business-related IT and security risks to the boards and management.
In this everchanging technology and regulatory landscape, it is essential for organisations to understand and comply with the wide spectrum of applicable laws and regulations. This exercise can be difficult and time consuming for the internal teams, who may sometimes not have the required resources and capabilities.
We are built to provide comprehensive, customized services for each client, focusing on your specific operating model, technical demands, regulatory environment, and industry dynamics. There are several local and international laws/regulatory standards or guidelines which organisations are mandated to comply with based on the industry they operate in, such as EU-GDPR, Payment Card Industry Data Security Standard (PCI DSS), National Crisis & Emergency Management Authority (NCEMA), National Electronic Security Authority (NESA), DIFC-Data Protection Law 2020 (DPL), DFSA cybersecurity regulations etc.
Our tested and proven methodology and extensive experience ensure the effective and timely implementation and the eventual certification to the applicable standards. We follow a risk-based approach in ensuring that controls implemented are within the context of your organization’s strategy.
In BDO, we have specialist resources who have robust understanding of the local and international laws/regulatory standards, who help organisations to not only achieve compliance and avoid regulatory fines/sanctions, but also establishing good practices in the organisation.