HIPAA (Health Insurance Portability and Accountability Act) is a federal law that the U.S. passed in 1996 for the healthcare industry. Its main aim is to protect the privacy and security of a patient’s health information. HIPAA has two main rules: the privacy rule and the security rule. The security rule enforces the privacy rule…
The California Consumer Privacy Act (CCPA) was passed in 2020 as a comprehensive data privacy regulation and is now one of the most stringent frameworks in the United States. Failure to adhere to CCPA guidelines can lead to substantial fines. Such penalties are like roadblocks in any organization’s growth path, as they can significantly impact…
No CTO in their right mind trusts their vendors and contractors completely. Irrespective of their relationship, vendors will need to fulfill a due diligence baseline to qualify as a good fit and a safe choice. But what separates your company from being a secure one from a vulnerable one is the depth of your due…
Applications used in daily life collect large amounts of data through embedded trackers. This data could potentially be used in a cyber attack, leading to a violation of data privacy. According to Salesforce, 60% of their customers felt they had no control over how their personal data is used. The European Union established the General…
A report by Bloomsberg states that companies are spending 6-10% of their revenue solely on compliance! Furthermore, over 50% of executives see cybercrime as a top five risk now and in the next three years, with concerns rising. The above statistics are pieces of evidence that in the absence of compliance, you can lose money…
Treating compliance as a point-in-time and one-and-done activity makes organizations reactive towards audits. Simply checking off compliance from a to-do list and closing the book leaves you vulnerable to a tangle of new risks emerging from both the rapidly changing cybersecurity landscape and as a consequence of growth. Compliance is a state that you’ve continuously…
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