@Prasenna Kannan
Thank you for the follow up! I received an update and will post the response below.
Update:
Unfortunately, adding these policies in the industry and regulatory standards isn't possible. From the available packages, you can add standards such as NIST SP 800-53 R4, SWIFT CSP CSCF-v2020, UK Official and UK NHS, Canada Federal PBMM, and Azure CIS 1.1.0 (new) - a more complete representation of Azure CIS 1.1.0.
For more information, you can review the Customizing the set of standards in your regulatory compliance dashboard documentation.
If you'd like to create a feature request for our Azure Security Center team, please feel free to leverage our User Voice forum. Additionally, if you're interested in protecting PII and sensitive information, you might be interested in leverage Azure Information Protection (AIP).
If you have any other questions, please let me know.
Thank you for your time and patience throughout this issue.