The complex and evolving cybersecurity compliance landscape is challenging for organizations. Manual management and point solutions are inefficient, error-prone and unsustainable. Openlane's platform helps organizations streamline compliance, reduce costs, and improve security posture.

Finding your way through the maze

In today's interconnected world, the realm of cybersecurity regulations and compliance requirements has expanded exponentially, impacting organizations across all sectors. Cybersecurity has transcended its former status as a niche concern to become a cornerstone of risk management and a strategic imperative. According to IBM’s 2024 Cost of a Data Breach Report: the average cost of a data breach jumped to USD 4.88 million from USD 4.45 million in 2023, a 10% spike and the highest increase since the pandemic. What’s even worse, the consequences of cyberattacks extend far beyond direct financial losses - encompassing reputational damage, legal liabilities, and disruptions to critical infrastructure (even potentially affecting national security).

Cybersecurity and compliance frameworks, with their extensive catalogs of technical controls and processes, have emerged to address this complexity. Employing such frameworks can lead to enhanced risk management, streamlined compliance, structured incident response and recovery, the building of a cybersecurity culture that can help prevent events, and improved customer trust. However, the sheer proliferation of frameworks, each with its own unique context and purpose, has created a convoluted and challenging landscape for organizations to navigate. These frameworks can be voluntary or mandatory, descriptive or prescriptive, sector-specific or general, making it increasingly difficult for organizations to determine which ones apply and how to align with them effectively. This creates a significant challenge for organizations as they strive to achieve and maintain compliance.