In April 2016, the European Parliament adopted a new standard to improve data protection for individuals within the European Union (EU). Companies face strict fines for not complying with the standards set by the General Data Protection Regulation (GDPR), which provides greater predictability and efficiency for organizations that do business in the EU and offers residents increased data protection rights.
The GDPR does not simply apply to EU domestic business, but to companies worldwide that target their goods and services to European citizens.
HIPAA, the Health Insurance Portability and Accountability Act, sets the standard for protecting sensitive patient data. Any company that deals with protected health information (PHI) must ensure that all the required physical, network, and process security measures are in place and followed.
This includes covered entities (CE), anyone who provides treatment, payment and operations in healthcare, and business associates (BA), anyone with access to patient information and provides support in treatment, payment or operations. Subcontractors, or business associates must also be in compliance.
The National Institute of Standards and Technology (NIST) was founded in 1901 and is now part of the U.S. Department of Commerce. NIST is one of the nation’s oldest physical science laboratories. Congress established the agency to remove a major challenge to U.S. industrial competitiveness at the time—a second-rate measurement infrastructure that lagged behind the capabilities of the United Kingdom, Germany, and other economic rivals.
From the smart electric power grid and electronic health records to atomic clocks, advanced nano-materials, and computer chips, innumerable products and services rely in some way on technology, measurement, and standards provided by the National Institute of Standards and Technology.
Maintaining Payment Card Industry Data Security Standard (PCI DSS) compliance can be both difficult and expensive. For most small to medium sized organizations, it doesn’t have to be as long as you have the right plan and tools in place. The PCI DSS determines and expounds on six noteworthy goals.
Initial, a protected system must be kept up in which exchanges can be led. This necessity includes the utilization of firewalls that are sufficiently vigorous to be successful without making undue burden cardholders or sellers. Specific firewalls are accessible for remote LANs, which are exceptionally defenseless against listening stealthily and assaults by pernicious programmers.
Second, cardholder data must be ensured wherever it is put away. Stores with imperative information, for example, dates of birth, moms’ last name by births, Social Security numbers, telephone numbers and postage information ought to be secure against hacking.
Third, frameworks ought to be ensured against the exercises of noxious programmers by utilizing much of the time refreshed hostile to infection programming, against spyware programs, and other hostile to malware arrangements. All applications ought to be free of bugs and vulnerabilities that may open the way to abuses in which cardholder information could be stolen.
Fourth, access to framework data and tasks ought to be confined and controlled. Cardholders ought not need to give data to organizations unless those organizations must realize that data to ensure themselves and adequately complete an exchange.