Navigating the Compliance Landscape

Understanding Your Compliance Requirements

Complying with federal and other government rules for the collection and storage of customer data and other sensitive information is a primary reason why many companies have managed cybersecurity measures in place. Failing to abide by the strict regulations can result in costly fines and other punitive actions.

Which compliance rules your company or organization must comply with depends on which industry you are serving. There are separate rules for healthcare, retail, financial, energy and other sectors.

HIPAA

The Health Insurance Portability and Accountability Act (HIPAA) mandates that healthcare providers, health plans, hospitals and other covered entities implement comprehensive privacy of protected health information (PHI) of patients. Compliance requirements are becoming increasingly demanding and the chance of an audit is higher than at any prior time.

Proficio has worked with our customers to create a unique compliance management service especially for HIPAA.  Proficio pioneered Managed Detection and Response services with our Security Operations Center (SOC) solution, providing 24×7 advanced detection, protection and automated incident response against patient privacy breaches.

For more insights into healthcare industry cybersecurity compliance, learn more about Proficio’s Compliance Insight Service.

PCI DSS

If your business regularly processes, stores, or transmits credit card information, then you are affected by the Payment Card Industry Data Security Standard (PCI DSS). PCI DSS requirements are continually updated to keep pace with the evolving threat landscape, and it can be a challenge to keep your security program in compliance.

Proficio managed security services help organizations meet many of the critical requirements for compliance with the PCI Data Security Standard. Proficio’s customers benefit from the most advanced security monitoring and 24×7 managed security services that until recently were outside the budget of all but the very largest enterprises.

GDPR

The General Data Protection Regulation, set to take effect in May 2018, is the most significant set of data privacy laws for the companies based or doing business in the European Union (EU). If your company processes data about individuals in the context of selling goods or services to citizens in EU nations, you will need to comply with the provisions of the GDPR. For the purposes of the regulations, “personal data” means any information related to a natural person or “Data Subject” that can be used to directly or indirectly identify the person. It can be anything from a name, photo, email address, bank details, social networking posts, medical information or a computer IP address. A breach of the GDPR will carry the possibility of stiff fines and other punitive actions.

Sarbanes-Oxley Act

Created in response to the accounting scandals that occurred at major corporations in 2001 and 2002, the Sarbanes-Oxley Act requires that publicly traded companies ensure their internal business processes are properly monitored and managed.

Proficio provides managed security services for compliance with the Sarbanes-Oxley Act.

NERC CIP

The North American Electric Reliability Corporation (NERC) maintains comprehensive reliability standards that define requirements for planning and operating the collective bulk power system.

Proficio provides a full family of managed security services to help you improve your security and compliance posture while reducing costs. 

GLBA, FFIEC

Under the Gramm-Leach-Bliley Act (GLBA), financial institutions are required to explain their information-sharing practices to their customers and to safeguard sensitive data. Proficio’s security experts can help your financial services organization comply with all requirements without the administrative overhead.

 

Proficio helps take the stress out of IT security.