How do organizations manage cybersecurity risks in accordance with the law?

Organizations in Oklahoma must manage cybersecurity risks in accordance with applicable state and federal legislation. Oklahoma has adopted the National Institute of Standards and Technology (NIST) Cybersecurity Framework for managing cybersecurity threats and vulnerabilities in key areas like risk management, asset management, identity and access management (IAM), network security, and incident response. The NIST Cybersecurity Framework provides guidelines and recommendations for organizations to better understand their security posture, assess risks, and take necessary measures to reduce or mitigate those risks. Organizations should implement comprehensive security policies and procedures to address and mitigate cyber threats. This includes implementing user authentication, strong password policies, encryption technology, antivirus and malware protection, and regular employee training on cybersecurity best practices. Organizations should regularly assess their network architecture to identify vulnerabilities and threats, and update systems regularly to ensure their security is up to date. Organizations should also have an incident response plan to identify and respond to security incidents quickly and effectively. This plan should address what actions to take if a breach or security incident occurs, such as informing customers, taking steps to contain the incident, and notifying the media. Organizations should also have procedures in place to test the response plan periodically, to ensure that it is up to date and effective. Organizations must ensure they are in compliance with all state and federal laws regarding cybersecurity. This includes developing internal policies that align with data security and privacy laws, such as the Health Insurance Portability and Accountability Act (HIPAA), the Fair Credit Reporting Act (FCRA), and the Gramm-Leach-Bliley Act (GLBA). Compliance with these laws ensures organizations adequately protect the data of their customers and other stakeholders.

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How do organizations manage cybersecurity risks in accordance with the law?

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