Insight
The strategic edge: The imperative of information security services for organisations
July 2025
In the digital era, where data flows as the lifeblood of modern enterprises, information security has transcended from being a technical necessity to a strategic enabler of business success. With cyber threats becoming increasingly sophisticated, the role of information security services is not just about safeguarding assets but also about creating significant value for organisations worldwide.
The escalating threat landscape
Organisations today face an unprecedented range of cyber threats, from ransomware and data breaches to Advanced Persistent Threats (APTs). The global cost of cybercrime is projected to reach $10.5 trillion annually by the end of this year, according to recent studies. This stark reality underscores that no organisation, regardless of size or industry, is immune to cyber incidents. A proactive approach to information security is therefore essential, making specialised security critical for building resilience.
Information security: Beyond protection
Information security services go beyond simply preventing unauthorised access. They are crucial for:
1. Ensuring digital resilience and business continuity: Robust risk management and incident response plans, implemented by security services, help organisations minimise downtime and recover quickly from cyberattacks. This is especially important when relying on third-party providers for services or products.
2. Building trust: In a market increasingly focused on data privacy, a strong security posture builds customer trust and loyalty.
3. Driving compliance: Strict data protection and information security regulations require comprehensive data protection measures. Security services help organisations navigate these complex regulatory landscapes.
4. Facilitating innovation: By securing digital infrastructures, organisations can confidently adopt emerging technologies like the Internet of Things (IoT), Artificial Intelligence (AI), and blockchain, opening new growth opportunities.
Addressing regulatory obligations
Regulatory compliance is a primary driver for adopting robust information security measures. Governments and regulatory bodies worldwide impose strict data protection and information security laws, increasing pressure on organisations to demonstrate compliance. Non-compliance can lead to significant financial penalties, legal repercussions and reputational damage.
Key regulations shaping the information security landscape include:
• General Data Protection Regulation (GDPR).
• European and other local regulations on Information Communication Technology and Security Risk Management.
• Digital Operational Resilience Act (DORA).
• European and other local regulations on AI.
• European Cyber Resilience Act.
• European Network Information Security (NIS).
• NIST Cybersecurity Framework.
• Payment Card Industry Data Security Standard (PCI-DSS).
• SWIFT Customer Security Programme.
• Payment Security Standard (PSD).
• Health Insurance Portability and Accountability Act (HIPAA).
Information security services help organisations meet these regulatory obligations by:
1. Risk assessments (including third party risk management): Identifying vulnerabilities and implementing measures to mitigate risks in line with regulatory standards.
2. Information security and data protection governance: Establishing comprehensive policies and procedures to guide the organisation’s implementation of internal controls and adherence to regulatory obligations.
3. Incident reporting: Developing protocols for timely breach notifications, as required by many regulations.
4. Digital resilience and business continuity: Creating comprehensive response plans to minimise downtime and ensure swift recovery from incidents.
5. Audit preparedness: Providing documentation, monitoring tools, and expert guidance to streamline audit processes and ensure compliance.
Monitoring and controlling outsourcing activities
In today’s interconnected business environment, outsourcing to third-party vendors is common. However, this reliance introduces unique security risks, making the monitoring and control of outsourced activities critical for information security.
Third-party vendors often handle sensitive data, and any vulnerabilities within their systems can directly impact the contracting organisation. High-profile breaches frequently originate from third-party suppliers, highlighting the need for stringent oversight. Information security services are crucial for managing these risks by:
1. Conducting vendor assessments: Evaluating the security posture of third-party vendors to ensure they meet established standards before onboarding.
2. Establishing clear contracts: Defining security requirements, data handling protocols, and breach notification procedures in Service-Level Agreements (SLAs).
3. Implementing continuous monitoring: Using tools and processes to monitor third-party activities, ensuring compliance with security policies.
4. Performing regular audits: Periodically auditing vendors to identify and address potential vulnerabilities.
5. Educating vendors: Providing training and resources to help vendors align with the organisation’s security expectations.
By prioritising the security of outsourced activities, organisations can mitigate risks, maintain regulatory compliance, and protect their reputation from third party incidents.
Adding tangible business value
Investing in information security services yields measurable benefits:
• Cost savings: Preventing breaches averts hefty fines, legal fees, and reputational damage.
• Competitive advantage: Demonstrating robust cybersecurity practices differentiate an organisation in a competitive market.
• Enhanced agility: Secure systems enable businesses to adapt and scale operations without undue risk.
A trusted partner for the journey
Navigating today’s complex digital landscape requires collaboration. Partnering with trusted experts like Reg4Tech and Russell Bedford firms provides access to global expertise, resources, and tailored solutions. Through services such as security audits, regulatory compliance assessments, information security and data protection advisory services and vCISO, (virtual Chief Information Security Office) we empower businesses to:
• Safeguard sensitive data and maintain customer trust.
• Ensure compliance with global and regional regulations.
• Maximise the potential of new technologies while minimising risks.
Thriving in a fast-paced digital world
In a world of technological change where data is a critical asset, information security is essential, not optional. It protects data integrity and confidentiality, along with an organisation’s reputation, efficiency, and competitive position. Integrating these services strategically fortifies businesses against threats and unlocks opportunities for innovation and growth.
Regulatory compliance underscores the importance of robust security. Proactive organisations avoid penalties and build trust with stakeholders. Monitoring outsourced activities ensures third-party risks do not compromise security. Moving forward, information security is not just about defence - it is about driving sustainable success.
About the author
Demos Demou
Nicosia, Cyprus
Demos is the CEO of Reg4Tech Ltd, an IT Audit and IT Consulting services company and the Chair of the Technology & Innovation Centre of Excellence at Russell Bedford International. Demos has led IT Audit and IT Consulting services for almost 20 years in various industries (Banking, EMIs/PIs, Forex, Investments, Insurance, Telecoms, retail, hospitality, shipping) with the aim of assisting companies to identify, evaluate and respond to their IT weaknesses and IT risks. As part of his work, he advises companies on how to enhance their IT strategy and internal IT controls.