IT Support Avondale
An Overview of Compliance Regulations
As small enterprises undergo expansion, the need for additional support for basic business functions like accounting, staffing, and sales also grows. However, the need to enhance cybersecurity is often overlooked.
With cybercriminals relentlessly seeking new ways to compromise organizational security, local and international regulatory bodies develop policies to enable companies to strengthen their safety measures.
It is vital for organizations to understand the current and the future landscape of cybersecurity to best protect themselves from emerging threats. Hiring IT support in Avondale is great for growing businesses in this sense to maintain acceptable compliance postures.
What are the current compliance regulations?
Compliance regulations are guidelines that companies follow in order to protect their data and to address privacy and security issues. It requires that businesses meet the standards placed by regulatory bodies to prevent accidental breaches and attacks caused by insufficient security programs.
Most regulations oblige companies to keep their systems secure by deploying firewalls, adequate risk assessments, and data encryption technologies, as well as training employees on how to handle sensitive information.
Some of the existing regulations include:
HIPAA (Health Insurance Portability and Accountability Act) is a regulation that secures health data in organizations across all sectors. Organizations usually obtain and store health data of their staff while healthcare institutions deal with patient data on a regular basis. Health information is extremely confidential and is not supposed to be disclosed by unauthorized people. As such, security measures must be implemented in order to keep it private.
HIPAA requires organizations to establish and implement protocols for the identification and prevention of security violations. For companies to remain HIPAA compliant, they need to perform risk analysis at all times to find security flaws in its infrastructure. Also, businesses should implement training programs to their employees to further enhance their security awareness. Their staff must be knowledgeable of their security responsibilities when accessing information systems that store sensitive health data.
Violating HIPAA rules may lead to business disruption, productivity losses, fines and penalties and settlement costs.
The Federal Information Systems Management Act (FISMA) was created to enable government offices to protect their information systems. This regulation extends to all associates or vendors engaging in some activity with federal agencies.
FISMA requires employees working in the government or contractors serving federal agencies to participate in training programs that teaches the fundamental security guidelines and procedures in handling federal information systems. This way, they will be aware of the security guidelines and practices to adhere to.
Payment Card Industry Data Security Standard (PCI-DSS) ensures that organizations receiving, handling, storing, or transmitting credit card information retains a safe environment. This guideline is designed to secure a customer’s financial information.
With the popularity of online platforms such as e-commerce websites, there is always the risk of cybercriminals accessing sensitive data provided by customers. Because of this, PCI-DSS recommends security measures to safeguard such client information. This includes:
1. installing firewalls and configuring them to protect the information of the cardholder
2. establishing access control strategies to thwart unauthorized access to card information
3. regularly testing the security of systems and processes
Implemented in 2018, General Data Protection Regulation (GDPR) requires organizations to apply appropriate security protocols to secure personally identifiable information of individuals residing in European Union countries.
GDPR covers all organizations in the world as long as they handle and process data owned by an EU citizen. To conform to standards, companies need to notify data owners of their intent to use their private information for any reason. They should also maintain mechanisms like encryption, password protection, and access control measures to boost data security. An organization could be fined if its protection procedures are inadequate and if it causes a data breach.
Benefits of Compliance Regulations
Business opportunities: compliance regulations encourage companies to secure their IT systems and observe best practices for data protection. Meeting these standards can boost their credibility and help their brand gain traction.
Reduced risk: as you are equipped with the necessary security tools, you can ward off cyber threats easily.
Avoiding fines and penalties: complying with regulations can help you avoid penalties amounting to millions of dollars.
Increased quality: adopting security measures can ensure that you are providing adequate service to your customers.
Ultimate Technical Solutions Inc.
UTSI provides reliable IT support and cybersecurity services in Avondale. Our IT team can eliminate the risks of data compromise and help you comply with regulations by deploying modern data protection technologies. Contact us at (504) 215-8256 to learn more about our services or to get a free quotation.