The Hidden Cost of Compliance: When Regulations Weaken Security - SecurityWeek

Regulatory compliance, particularly in BFSI, often becomes a time-consuming burden for enterprises, diverting resources away from proactive security improvements. This burden stems from unintended consequences like rigidity, lack of timeliness, and subjectivity in regulations, leading to a checkbox approach to security and a deteriorating security posture. Reforming regulatory agencies to make regulations more flexible, timely, agile, and objective is crucial to address these issues and improve overall security.