Complying with New Cybersecurity Regulatory Requirements: Decision-Making Process

Who Should Decide the Extent of Compliance with Cybersecurity Regulations?

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Who should decide the extent to which an organization will comply with new cybersecurity regulatory requirements?

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A.

In general, the decision about how much an organization should comply with new cybersecurity regulatory requirements should be made by senior management. This is because senior management is responsible for setting the overall direction and strategy of the organization, and ensuring that the organization operates in accordance with applicable laws and regulations. Compliance with new cybersecurity regulations is a key part of this responsibility.

However, senior management should not make this decision in isolation. They should consult with a range of stakeholders within the organization to ensure that they have a full understanding of the potential impact of the new regulations, and to ensure that they take into account the perspectives and concerns of different parts of the organization. For example, the IT steering committee, legal counsel, and information security manager can all provide valuable input into the decision-making process.

The IT steering committee can provide insight into the technical implications of the new regulations and the resources required to implement them. Legal counsel can provide guidance on the legal requirements of the new regulations, as well as any potential legal risks associated with non-compliance. The information security manager can provide guidance on the specific cybersecurity measures required to comply with the new regulations.

Ultimately, however, the decision about how much to comply with new cybersecurity regulatory requirements should be made by senior management, based on a careful consideration of all the relevant factors. It is important that senior management take their responsibility for compliance seriously, and ensure that the organization complies with all applicable laws and regulations to protect the organization and its stakeholders.