Most Common Business Compliances

When it comes to running a business, security and compliance should always be top-minded issues. With so many security risks lingering around, businesses always need to remain on their toes. Fortunately, specific policies are defined to keep a network environment in safe and optimal working conditions. Complying with a certain set of rules and regulations is a simple, yet essential network security tactic that will adhere accordingly to all of these important matters:

GENERAL DATA PROTECTION REGULATION (GDPR):

Working in accordance with the GDPR ensures that your data is secure and only accessed by an appropriate personnel. This is a crucial regulation to follow especially if you are doing any business with European nations. The right information technology system can help you avoid expensive foreign transaction fees.

HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY (HIPAA):

HIPAA protects important health documents, keeping all health-related information private. This is a regulation that makes it safe for doctors and patients to share online and paper records. If you work for a business that requires access to any patient records, then make sure that there is a HIPAA policy enforced. This should always be one of the top compliance requirements for any company.

PAYMENT CARD INDUSTRY (PCI):

Paying with a credit card is normal behavior nowadays. With a PCI policy established, managers will be able to make safe purchases with the company credit card. This makes it easier for organizations to build credit in order to make future investments down the road.

INTERNET OF THINGS (IOT):

In today’s age, many technology solutions are triggered through an internet source. Since the world is interconnected in a variety of ways, it’s important to make sure that your IP address is safe from any type of intrusive harm. Before investing too much trust in an IoT program, make sure you audit your network and internet system. This is an essential risk management process that will help meet compliance standards in order to keep your data and network safe.

THIRD-PARTY DATA-SHARING:

Business data is a fundamental aspect of any organization. It is a gallery full of confidential information, both personal and strategic. This includes files, documents, invoices, financial reports, credit card information and forms of pertinent material. Since your network is loaded with sensitive data, it can be normal to feel skeptical about sending any of this information in an email. If it leaks into the wrong hands, then this can cause a multitude of problems to deal with. When it comes to sharing personal data, your business should have an explicit policy in place, along with the support of messaging encryption software.

BRING YOUR OWN DEVICES (BYOD):

Many companies are providing employees with the independence and flexibility to work off of their own technology. By establishing a BYOD plan in the office, employees can operate off of laptops and other mobile devices that they feel most comfortable using. As a result, this will help your company reduce spending on mobile gear. This is a great option to roll out, but you need to ensure that the IT staff have the ability to control the data on those devices when needed.