According to a survey conducted by Splunk and Enterprise Strategy Group, more business leaders plan to funnel funding into their cybersecurity; 88 percent of respondents reported a planned increase into their investments, 35 percent reporting that these boosts will be substantial. Listed below are a few of the insights that this survey has revealed.
The Health Insurance Portability and Accountability Act, also known as HIPAA, is a serious concern for all healthcare providers that operate within the United States. Since August 1996, HIPAA has mandated that these healthcare providers comply with various best practices. While HIPAA is relatively familiar to many people for assorted reasons, fewer know about HITRUST (the Health Information Trust Alliance) and how these acronyms ultimately cooperate with one another.
Most organizations have compliance regulations they need to meet. 2021 is becoming somewhat of a tipping point for some. Businesses are dealing with the development of new data privacy laws that will surely add some responsibilities on top of already established regulations. Below is a look at compliance and why it is critical to stay on top of it.
The Cybersecurity and Infrastructure Security Agency (CISA) have released an emergency directive concerning a critical exploit known as Zerologon, which affects servers running Windows Server operating systems that needs to get patched as soon as possible.
Many modern businesses accept payment cards. To secure people’s personal and financial information when conducting transactions using credit, debit, and gift cards, the companies that stand to lose the most if these transactions are compromised: Visa, Mastercard, Discover, and American Express, have implemented industry-wide compliance regulations. This regulation is called PCI DSS, short for Payment Card Index Digital Security Standard. Listed below is a look at this regulation.
If you are under the impression that working with the cloud doesn’t have risks, than you need to reconsider that line of thought. It’s inevitable that you’ll face security compliance concerns when it comes to your cloud-based data. If your business has data stored in a cloud-based environment, you need to pay particularly close attention to how compliance laws affect the way that you access and store this information. How can your organization ensure that your cloud-based data isn’t in violation of some cloud compliance laws?
As a business, your clients trust that you’re taking every measure possible to protect data, like personal information or financial records. However, with the number of businesses using electronic records continuing to climb, along with the rise of cybercrime attacks, many industries have begun to impose regulations and compliances that are designed to keep personal information secure. Health and finance are two of the most heavily regulated industries, with the government having stepped in and set a specific standard of data security regulations that these companies must comply with.
Regardless of what industry a company is classified under, they all are responsible for upholding particular standards to ensure compliance with industry regulations. However, according to the 2016 State of Compliance survey, a shockingly high number of organizations were shown to be a bit fuzzy on their requirements.
American healthcare organizations must store and exchange patient data in ways that comply with the HIPAA law, or else face hefty fines. One mental health service in Alaska recently learned this lesson the hard way after being hit with a $150,000 fine. Is your healthcare organization’s IT infrastructure 100 percent HIPAA compliant?
