Definition:
Cybersecurity compliance ensures that an organization meets the necessary security standards to protect payment data and prevent cyber threats.

Contextual Explanation:
Financial institutions must comply with cybersecurity regulations such as PIPEDA to safeguard sensitive customer information. Paycompliance advises businesses on best practices for cybersecurity compliance.

Why It Matters:
Non-compliance with cybersecurity regulations can lead to data breaches, financial losses, and reputational damage.