Does Regulatory Compliance Apply to My Business? Yes.
Posted On August 3, 2018 By Advance Blog
Today, almost all businesses are affected by compliance. Whether you’re in the healthcare industry and are bound by HIPAA regulations, or you’re a manufacturer attempting to meet NIST standards before you lose your government contract, your business cannot afford to be in the dark about compliance regulations.
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What Technologies Should be in Place to Remain Compliant?
Data Encryption – All regulatory programs require organizations to encrypt and control their sensitive data. When data is encrypted and controlled with data loss prevention policies, the information is illegible– unable to be read without a secret key and proper permissions.
Data Life Cycle Management – It is easy to lose track of information after it leaves its original source. Do you know what happens to your data after you hit send on an email? Most regulatory standards require that you track exactly who sees that data and what they do with it. Data Life Cycle Management software allows organizations to track the entire lifecycle of their documents– and revoke access to that sensitive information at any time.
Disaster Recovery – What is the first step your business would take in the event of a breach? How long would it take to get up and running if you suffered a natural disaster? Being compliant means having a disaster recovery plan in place, and testing that plan regularly to ensure its effectiveness.
Due to the complexity of the requirements and what is at risk if you don’t comply, an IT resource that understands the complexities of maintaining compliance in your industry is essential. Consider a third-party resource, so you can focus on your business while they handle the rest.