With emerging regulations and guidelines, including DORA, NIS2, HIPAA, SEC, and NIST, enterprises need a trusted partner to continuously monitor third-party, vendors and supply chain cyber risk.
Sling is designed to align seamlessly with the diverse set of regulations and frameworks, ensuring that organizations not only meet but exceed the necessary standards. This protects sensitive data while establishing a culture of trust and transparency with regulators and stakeholders.
DORA
The Digital Operational Resilience Act (DORA) is a European regulatory framework for financial entities and critical third parties. DORA focuses on strengthening defenses against disruptions and cyber threats.
Sling seamlessly integrates risk management assisting entities in aligning with the DORA framework. Sling aligns with DORA’s emphasis on continuous management and reporting, providing ongoing oversight and facilitating compliance with regulatory demands.
NIS2
The most recent iteration of the Network and Information Systems Directive (NIS2) is a European regulation targeting organizations critical to the economy and society’s cyber resilience, spanning sectors like energy, transport, finance, health, etc., and their supply chains. This, in turn, may impose obligations on entities outside of the EU that have business partnerships or serve as vendors for entities based within the EU.
Sling facilitates NIS2 compliance by supporting thorough risk analyses and identifying vulnerabilities in supply chains. It enables coordinated security risk assessments and ensures continuous evaluation of cybersecurity measures. Sling’s dynamic approach, including regular updates based on emerging threats, helps organizations adapt their supply chain security in alignment with the evolving threat landscape, overall enhancing enterprises cyber posture.
HIPAA
The Health Insurance Portability and Accountability Act (HIPAA), is a U.S. regulation mandating healthcare organizations to protect their health information and uphold patients’ rights. Compliance with HIPAA involves conducting comprehensive risk assessments for business associates and third parties with potential access to electronic Protected Health Information (ePHI).
Sling supports organizations in the regular review and updating of risk analysis and management processes. This adaptability ensures alignment with changes in environmental or operational factors that may impact ePHI, ensuring a continuous and dynamic approach to compliance.
NIST
National Institute of Standards and Technology (NIST) highlights Cyber Supply Chain Risk Management (C-SCRM).
While not a regulatory binding requirement, NIST is a common framework for multiple cybersecurity issues, also applicable in the form of the C-SCRM framework.
Organizations can enhance C-SCRM with the Sling tool supporting the identification, assessment, and mitigation of cybersecurity risks in the supply chain and critical infrastructure. Sling streamlines thorough risk assessments, pinpoints potential vulnerabilities, and facilitates due diligence of suppliers. Sling’s continuous monitoring strategies align with NIST’s emphasis on adaptability, enabling organizations to detect and respond promptly to changes in the supply chain risk environment.
SEC
The landscape of the U.S. Securities and Exchange Commission (SEC) regulations significantly impacts publicly traded companies, placing a primary emphasis on the management of third-party risks. Within this framework, there is a crucial focus on addressing cybersecurity, ensuring operational resilience, and upholding compliance with securities laws.
Sling facilitates adherence to multiple key compliance measures, including the adoption of External Attack Surface Management, continuous understanding and addressing of supply chain risk, standardized cyber risk measurement, driving remediation efforts, verifying vendor compliance, and determining vendor criticality. By utilizing Sling, organizations can integrate these compliance measures into their third-party risk management framework, effectively meeting SEC requirements and enhancing the overall security of their operations.
In essence, Sling becomes a vital partner for enterprises seeking to navigate the complexities of modern cybersecurity regulations. By streamlining safety procedures, Sling empowers organizations to focus on their core capabilities, confident in the knowledge that their cyber risk management is in good hands. As the regulatory landscape continues to develop and evolve, having a trusted partner like Sling becomes crucial in maintaining a strong and secure business environment.
