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.

  • Does PCI Compliance Apply to Payment Facilitators?

    Does PCI Compliance Apply to Payment Facilitators?

    The last thing anyone wants is to become a victim of fraud. Losing hard-earned money to a nefarious or ill-equipped website is still a fear for many Americans. In fact, in a survey on fraud in online shopping conducted by Paysafe, a leading global payments provider, researchers found that 59 percent of Americans believe fraud to be an inevitable part of online shopping. 

    Certainly then, ensuring customers feel secure when making any payments using credit cards is crucial to company success. Another survey on security measures conducted by Lost in Translation indicated that 71 percent of consumers are “open to the introduction of more secure payment processes such as two-factor authentication.”

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  • How Much Does HITRUST Certification Cost In 2020?

    How Much Does HITRUST Certification Cost In 2020?

    Good results don’t necessarily come cheap.

    When it comes to the technical infrastructure that manages data within the healthcare industry, it not only needs to be highly useful for approved personnel like doctors and pharmacists, but it also needs to be kept very safe at the same time. In other words, data on these systems need to be both highly secure and highly accessible. It’s a little easier said than done.

    The ten biggest healthcare data breaches in 2018 ended up costing major sums of money and compromising millions of patient data records. Breaches in the healthcare space are rising because cybercriminals are gluttons for other people’s data, and hospitals retain loads of it.

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  • How to Use Security Certification to Grow Your Brand

    How to Use Security Certification to Grow Your Brand

    In today’s competitive business environment where small and large businesses alike must compete with megaliths like Walmart and Amazon, creating a strong brand is key to maintaining a strong customer base. Of course, there are many aspects that you could implement to build a positive brand, but security for any company that handles or stores customer data or transactions is a key element of a positive brand. 

    If you want to be taken seriously as a business owner, you must ensure that security is a top priority as one customer data security study conducted by digital security expert Gemalto found. Out of the 10,000 customers they surveyed, only 27 percent of consumers felt that businesses take customer data security very seriously. Additionally, 70 percent of consumers said that they would altogether stop doing business with a company if it experienced a data breach. 

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  • NIST Guidance on Mobile Security

    NIST Guidance on Mobile Security

    Over the last two decades, the role of IT departments has undergone dramatic change due to the growing percentage of Americans who rely upon their tablets, smartphones, or similar mobile devices to accomplish their daily work activities. As is so often the case, this progress has been a boon in some ways and a mounting problem in others, especially for IT; on one hand, the Internet of Things [IoT] has made it so employees are more efficient, on the other, it has opened up a new Pandora’s box of potential cybersecurity threats.

    Security controls rarely keep pace with the security risks posed by new tech. And in the case of mobile, security threats arise from both bring your own device [BYOD] policies as well as corporately owned and personally enabled [COPE] mobile policies. In response to this looming threat, the National Institute of Security Technology [NIST] released its “Guidance on Mobile Security Report,” which we’ll outline below. Armed with these security recommendations, your business can ensure that your mobile security practices are up to date and robust.   

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  • How To Get A HITRUST Certification Assessment

    How To Get A HITRUST Certification Assessment

    Like going to the doctor for an updated checkup, healthcare companies need to know where they stand concerning cybersecurity on the regular. A HITRUST certification is like getting a booster shot that’s valid for two years and will protect you from a wide variety of cybersecurity concerns.

    Healthcare organizations are some of the juiciest targets out there for malicious cybercriminals in search of someone to compromise. These entities hoard data that is both highly sensitive and highly identifiable, so breaches here can have serious repercussions on people’s privacy and general security alike. These breaches are not only expensive to fix but leave people feeling especially vulnerable.

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  • A Step-By-Step Guide To HITRUST Certification

    A Step-By-Step Guide To HITRUST Certification

    The healthcare industry is understandably concerned with compliance and certification — there are lives on the line! The people operating various medical machinery should be fully certified to do so, and patients should see fully qualified doctors for the best outcomes. It’s just how they get the care they need.

    But beyond ensuring these requirements are met (and that everyone’s hands are clean in the process), robust healthcare organizations need to be considering their approach to cybersecurity and data protection as well. Data stored by businesses in this category is especially appealing to cybercriminals for its dual nature — not only is it highly sensitive, but it’s highly identifiable as well.

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  • Everything You Need to Know About HITRUST Compliance

    Everything You Need to Know About HITRUST Compliance

    When we see other drivers on the road, we tend to assume they’re all licensed, insured, and level-headed. Until they prove otherwise in front of us, we take it for granted that everyone’s an excellent driver — you know, like us.

    But when we show up at a doctor’s office or share payment details for a recent medical procedure, we assume healthcare professionals are following all the best practices concerning the security of that data. But we go to the pharmacy because we need to fill a prescription, not because they’re reputed for their cybersecurity. How do businesses call attention to their cybersecurity mindfulness, and how do consumers make the best choice when it comes to matters of handling their personal data?

    There’s a simple answer already out there: they look for HITRUST compliance.

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  • Who is the HITRUST Alliance?

    Who is the HITRUST Alliance?

    Cybercriminals are already clearly established bad guys online, and it’s up to your cybersecurity tools and standards to keep you safe.

    Top-of-the-line firewall and antivirus software might go a long way toward protecting the data on your own network, but how do you protect the most sensitive data when it lives somewhere else entirely? You surely need someone else’s help to protect your data when it lives in places you might not even be aware of. The healthcare industry stashes patient data all over the place, for example.

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  • How To Prepare For A PCI Audit

    How To Prepare For A PCI Audit

    It’s all about the plastic.

    Even though we have more alternative electronic payment options than ever before, Americans prefer the credit card over any other payment mechanism. This means it’s relatively simple for businesses to charge their customers online and get paid using one of a variety of payment gateways — all they have to do is move information from one place to another to collect their revenue, and the internet makes this a simple task.

    But this convenience simultaneously presents an obstacle: that data needs to be moved and stored safely. It should only be accessible by authorized entities, and should be kept far out of reach from malicious third parties. For enabling an entirely new era of transacting, online card payments also come with their own set of liabilities that can leave customer financial data vulnerable and a business’s reputation on the line.

    This means your company, whether large or small, needs to be on the forefront of PCI compliance. A PCI compliance audit is an essential tool for helping you get there.

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  • How Often Do I Need a HITRUST CSF Assessment Report?

    How Often Do I Need a HITRUST CSF Assessment Report?

    The ranks of compliance regulations continue to expand, making it confusing and time-consuming for companies to navigate the audit landscape. From PCI DSS to SOC 2 to NYDSF to SOX, companies face a growing list of standards and certifications but no central repository to aggregate, much less organize all these standards. To address this, the healthcare industry established the Health Information Trust Alliance (HITRUST), which designed the Common Security Framework (CSF) assessment to consolidate the compliance process. 

    Curious as to how often you need a HITRUST CSF assessment report to stay compliant? Read on to find out now!

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