Category: Compliance Standards

Staying informed about all of the cyber security compliance standards is essential to keeping your company safe from hackers. Read on to learn about the various steps you can take to stay up to date with your industry’s compliance standards.

  • Which Industries Are Most Affected By GDPR?

    Which Industries Are Most Affected By GDPR?

    Since the General Data Protection Regulation (GDPR) was enforced on May 25, 2018, many have complied with it lest they face unprecedented non-compliance fines and other consequences. GDPR, at its core, is the new set of rules designed for EU individuals to give them more control over their data. Its objective is to make the regulatory environment simple so that both businesses and their customers in the EU can ultimately benefit from the digital economy. 

    In this article, we’ll be tackling the top industries affected by GDPR, the challenges that they face since the regulation has come into effect over a year ago, and the benefits they receive from this data privacy law. These industries are the following: social media, online retail, digital banking, cloud computing, and healthcare. 

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  • PCI Expert Summit 2019: Event Recap

    PCI Expert Summit 2019: Event Recap

    RSI Security’s first-ever PCI Expert Summit is in the books, and we couldn’t be happier about how things turned out!

    Marina Village Conference Center – San Diego, California

    On October 2nd we were joined by four speakers, a number of sponsors, an expert panel, and over 70 attendees to begin the process of building a strong, vibrant PCI compliance community in the Southern California area. The event took place at the beautiful Marina Village Conference Center in San Diego.

    “I found the event to be very informative. It was also nice to be around other folks I’ve worked with previously but haven’t actually met in person. It was definitely worth the time coming down for what I hope to be the first of many future RSI Summits,” said Gurpal Singh, head of compliance at Finix Payments. 

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  • How To Avoid PCI Noncompliance Fees

    How To Avoid PCI Noncompliance Fees

    Just as professional athletes or motorists pay fines when they break certain rules, the same applies to companies doing business online. But the rules governing these companies’ behavior goes beyond “unsportsmanlike conduct” or “following the speed limit.” When they collect and process payment information for debit and credit cards, they must adhere to a number of rules in the process. If they break those rules, then they’re on the line to pay a penalty for it.

    If it’s expensive to ignore the rules, why are an increased number of companies doing so? Verizon’s 2018 Payment Security Report reveals a drop in PCI compliance, which are the standards that companies have to stick to in order to process payment information online. Where 55.4 percent of companies were compliant in 2017, that number shrank to 52.5 percent in 2018. Chalk it up to lack of awareness or other shortcomings, but companies leave themselves and their customers exposed to bad actors when they shun this kind of compliance.

    Beyond merely leaving themselves and their customers vulnerable to data breaches and cyberattacks, this decreased regard for the best practices pertaining to collecting payment card data and other personally identifiable information leaves these companies on the hook for noncompliance fees. It might not be as exciting or interesting as a professional athlete paying his or her commission for uttering an expletive during a game, but it can still be just as expensive.

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  • What Does PCI Stand For, And What Does It Mean For My Business?

    What Does PCI Stand For, And What Does It Mean For My Business?

    “PCI compliance” might sound boring and technical, but it’s a major focal point for any business that handles online credit or debit card payments. In 2019, that’s most businesses! 

    The internet has completely changed the way we shop and transact — where we used to go to brick and mortar stores in order to spend cash or swipe a card in exchange for the goods we want, this entire experience can now happen from the comfort of your home.

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  • How To Become PCI Compliant — A Step by Step Guide 

    How To Become PCI Compliant — A Step by Step Guide 

    In times of widespread concern about cyberattacks and phishing attempts, it turns out that there’s a clear roadmap to protect your business from malicious hackers — your business only needs to pursue PCI compliance. But what is this term, and what is it all about?

    Payment card industry (PCI) compliance refers to the standards that companies have to stick to in order to process payment information online. These best practices are collectively known as the Payment Card Industry Data Security Standard (PCI DSS), and they were created by the PCI Security Standards Council (PCI SSC). This set of best practices works to increase controls and protection around cardholder data while simultaneously reducing credit card fraud.

    Just as you might see homes advertising the security systems they’ve installed (“protected by Brinks,” for example), PCI compliance is a similar demonstration that a company has taken steps to protect its systems and infrastructure. When you make your business PCI compliant, it represents major progress toward protecting your customers from data breaches and protecting your business against cyberattacks. It’s completely in your interest if your company processes payments online.

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  • How Can Healthcare Organizations Leverage HITRUST Framework?

    How Can Healthcare Organizations Leverage HITRUST Framework?

    Healthcare organizations not only have to be HIPAA and HITECH compliant, but they also have to ensure that their business associates are compliant as well. Which makes sense; if electronic health records (EHRs) are being passed from one healthcare organization to another company, the information is still private and needs to be secured. To ensure this is the case, many organizations are requiring business associates to adopt HITRUST’s data and data security framework, while implementing it internally themselves.

    To what degree these business associates are mandated to adopt the HITRUST security framework depends on the healthcare organization. Although leveraging the framework to some degree will significantly protect both the healthcare organization and the associate in the case of an audit.

    To understand why organizations are leveraging the HITRUST framework and how it can help, read ahead.

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  • Who Needs HITRUST Certification?

    Who Needs HITRUST Certification?

    Over the past two decades, the healthcare industry has undergone a seismic shift in the way that processes are operated and regulated. Thanks to revolutionary technological innovations and several sweeping pieces of legislation, healthcare entities have been strongarmed into changing with the times. The most notable example of this exodus-of-sorts is the medical industry’s shift in how they store confidential client information, painfully transitioning from physical record keeping to a digital storage format.   

    This forced change in practices was met with grumbling by some and flat out refusal by others, resulting in a lack of continuity, noncompliance, or only partial compliance. Naturally, the lack of cohesion created a virtual, frenzied feeding ground for hackers and cyber criminals seeking access to patient’s personal data. In response to this rampant rise in digital crime, the HITRUST framework was erected. Today, this security audit system forms the best defense against malicious attacks. So, if you’re a healthcare company, you’ll want to obtain a HITRUST certification. 

    Read on to discover how you can go about the process! 

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  • What Are the Different Types of HITRUST Assessments?

    What Are the Different Types of HITRUST Assessments?

    Ever since 1996, with the passage of the Health Insurance Portability and Accountability Act (HIPAA), healthcare organizations have been assessing the risks that are associated with electronic health records (EHRs). Now, with nearly every hospital utilizing the latest gadgets in healthcare technology from cloud storage to automation to mobile tablets and devices, the need for protecting patient data is at an all-time high.

    To help manage and reduce the risk of data breaches, healthcare organizations promote the use of security frameworks. One such framework is the HITRUST community security framework (CSF). The reason this framework is among the most trusted in the healthcare industry is how it can be adjusted to fit any HIPAA mandate or new healthcare law — thus never leaving room for penalties due to security issues.

    In fact, it’s for this very reason healthcare organizations are starting to require their business associates to be HITRUST certified. If you’re considering HITRUST CSF, then you should be aware of the different types of HITRUST assessment.

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  • How Long Does it Take to Get HITRUST Certified?

    How Long Does it Take to Get HITRUST Certified?

    Over the past two decades, many healthcare companies have struggled to transition from physical to digital record keeping as mandated by the HITECH Act. Naturally, the convoluted changes, standards, and stringencies outlined therein have left businesses confused, scratching their heads, wondering how best to wade through this quagmire. As a result, the total overhaul of such a massive system has moved at a glacial pace. 

    To make matters more complicated, as the healthcare industry develops, growing evermore dependent upon emerging and expanding technologies in order to cache and deliver electronic healthcare records [EHR], ensuring compliance and maintaining cybersecurity has become an increasingly intricate ballet. A large aspect of compliance involves obtaining your HITRUST certification, which is no simple process. So, to help you prepare for the obstacles ahead, below, you’ll find our comprehensive guide on the HITRUST certification process and timeline.

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  • How HITECH Protects Private Patient Information

    How HITECH Protects Private Patient Information

    2019 seems to be the year of information breaches. 2019 is reaching the fourth quarter soon, but this year has already seen at least 25 million patient records breached; this is a staggering ten million more than in 2018. 

    The breaches seem to be getting larger as well according to the ten biggest healthcare data breaches, with more than 200,000 records breached at a time. Additionally, not all healthcare companies are reporting the breaches in a timely manner as required by law. 

    How can you establish trust as a healthcare provider or entity that safeguards patient data? 

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