How Goals and Responsibilities Differ: Cybersecurity vs. Cyber Compliance

Cybersecurity and cyber compliance are NOT interchangeable terms. Use this cheat sheet to master the four key responsibilities of each and protect your organization from costly fines.


Cybersecurity Responsibilities

  1. Strategy: Align cybersecurity strategies with business and client needs.
  2. Technology: Identify and deploy tools to achieve security objectives.
  3. Management: Perform regular maintenance and testing of security systems.
  4. Training and Communication: Continuously educate employees on recognizing and reporting threats. 

Cyber Compliance Responsibilities

  1. Policies and Procedures: Review and update processes to identify security gaps and vulnerabilities.
  2. Recordkeeping: Create detailed reports for risk assessments, board oversight, and cyber risk management.
  3. Filing Disclosures: Submit Form ADV, fund registration statements, fund prospectuses, and annual reports.
  4. Incident Reports: Complete the ADV-C form to register incidents with the SEC and state securities authorities.





<a href="" target="_blank">Dr. Tamás Faragó</a>

Dr. Tamás Faragó


As an IT security auditor at Black Cell, Dr. Tamás Faragó is primarily responsible for handling data protection-related issues, legal matters, and physical and information security concerns for designated critical infrastructures and other clients.

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