2022 marked a vital year for the healthcare industry. With over 700 publicly disclosed data breaches, the healthcare industry was the most vulnerable sector to cyber-attacks and data breaches. This laid the foundation for the increased and necessary adoption of healthcare compliance frameworks like HIPAA and HITECH. With this growing urgency such incidents have created,…
Credit card transactions have become the lifeblood of commerce. With this convenience comes a critical responsibility: protecting sensitive cardholder data. As cyber threats evolve and data breaches make headlines, businesses of all sizes must prioritize the security of payment information. This is where the Payment Card Industry Data Security Standard (PCI DSS) comes in. It’s…
Health care services that are privy to protected health information (PHI) and facility policies are legally bound to retain it in the original format throughout its lifecycle. HIPAA offers guidelines for retaining it but is often confusing and difficult to decipher. Nevertheless, HIPAA data retention laws are not to be neglected as non compliance can…
ISO 27001, the internationally adopted standard for data security, specifies how an organization should manage its data and outlines the different controls and objectives to design the organization’s information security management system (ISMS). However, there’s one crucial step in achieving an ISO 27001 certification—the report. The ISO 27001 report is a crucial document that every…
The business community has taken large strides with regard to the Governance, Risk, and Compliance space. A recent study anticipates a 50% increase in spending on GRC tools by 2026. While enterprises acknowledge the strategic imperative of having a GRC program, the interconnectedness of digital architecture and landscape has increased dramatically. And this poses a…
Everyone has a strategy for managing governance, risk management, and compliance with industry/government regulations. Businesses refer to these strategies as their GRC (Governance, Risk, and Compliance) program. With the very nature of these concepts constantly evolving, it begs the question—are the strategies in your GRC program equipped to handle enterprise risk management and compliance? Or…