There is no fixed price on the costs involved with becoming PCI DSS (Payment Card Industry Data Security Standards) compliant. Instead, the costs largely depend on the size of your business, the volume of transactions your company conducts annually, and the transmission and storage methods you use. PCI DSS is designed to ensure the security…
If your organization stores, processes, or transmits cardholder data, then you must comply with PCI DSS(Payment Card Industry Data Security Standards). PCI DSS is a compliance framework that protects cardholder data from unauthorized use. The PCI security standards framework lists six objectives through 12 security requirements for eligible businesses to implement to ensure the integrity…
HIPAA requires all covered entities to protect the integrity and confidentiality of patient information. With the rapidly evolving global cyber threat landscape, it is virtually impossible for businesses (covered entities) to not rely on third-party service providers to secure PHI (Protected Health Information) in a manner that is easy, efficient, and scalable. When covered entities…
You are here because somewhere in your business improvement plan, you had to cross out becoming SOC 2 compliant or because one of your business prospects specifically asked you for your SOC 2 report certification, and SOC 2 has become a blocker. Both are good enough reasons to become SOC 2 compliant. There are many…
HIPAA (Health Insurance Portability and Accountability Act) is a federal law in the United States regulated by the Department of Health and Human Services to ensure the integrity of patient’s Protected Health Information (PHI). The HIPAA breach notification law of HIPAA talks about the policies and measures healthcare organizations must implement in the event of…
The COVID-19 pandemic accelerated the technology-adoption pace of the medical sector and radically shifted all offline processing online. While the healthcare industry was making the switch to online processing models, the regulators of HIPAA decided not to impose any fines for HIPAA non-compliance in 2019, thus, allowing sectors like telehealth to grow at a swift…
Global digital card payments grew by an annual rate of 20 percent in 2020 compared to 2019, and this trend is witnessing a non-linear upward growth. In 2020, 900+ million online transactions were processed, which rose to 2.14 billion in 2021. This upward spike in card transactions also means bad actors and hackers now have…
Are you new to the complex world of GDPR compliance, or are you looking for ways to improve your existing data map? Then, this article is for you. What is GDPR Data Mapping? GDPR Data Mapping is the process of indexing and recording how your business collects data, stores data, and uses it internally and…
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