An enterprise chief information security officer (CISO) is aligning the organization's global compliance baseline against sector-specific legal mandates and privacy extension standards. Match each compliance framework or regulation to its primary operational mandate.
- FISMA (Federal Information Security Modernization Act)Requires U.S. federal agencies and affiliated contractors to categorize systems using FIPS 199 and maintain continuous monitoring authorization standards.
- DORA (Digital Operational Resilience Act)Mandates ICT risk management, major incident reporting, operational resilience testing, and third-party risk management for EU financial entities.
- ISO/IEC 27701Provides an extension framework to ISO/IEC 27001 for establishing and maintaining a Privacy Information Management System (PIMS).
- NYDFS Cybersecurity Regulation (23 NYCRR 500)Requires covered financial institutions to designate a qualified CISO, perform annual penetration testing, and report cybersecurity incidents within 72 hours.
Answer
FISMA pairs with federal agency/contractor FIPS 199 categorization and continuous monitoring; DORA pairs with EU financial entity ICT risk management and operational resilience testing; ISO/IEC 27701 pairs with the PIMS extension to ISO/IEC 27001; NYDFS 23 NYCRR 500 pairs with state financial institution CISO designation and 72-hour incident notification mandates.
Each regulatory framework is correctly paired to its governing scope: FISMA regulates federal agencies and contractor system authorizations using FIPS/NIST standards; DORA enforces operational resilience across EU financial entities; ISO/IEC 27701 provides PIMS privacy governance as an extension to ISO/IEC 27001; and NYDFS 23 NYCRR 500 mandates designated security leadership and mandatory 72-hour event reporting for New York financial services.
Step-by-Step Solution
Key Concept
Regulatory Framework Mapping and Compliance Mandates