Compliance is a fact of life for just about every company — especially in highly regulated industries such as healthcare, financial services, and government. And while compliance is often under the mantel of legal, compliance, risk management, or other departments, IT is certain to be involved in any organization’s compliance efforts.
CIOs and other top tech executives must be aware of all regulations that involve data, privacy, security, and other technology elements. They can play a key role in ensuring their organizations don’t get hit with hefty fines for non-compliance.
IT executives at healthcare and related sectors for years have had to deal with the impact of the Health Insurance Portability and Accountability Act (HIPAA), for example, which mandates the security and privacy of electronic healthcare information. But the regulatory environment has become increasingly complex, especially with the emergence of so many new rules covering data privacy, including the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).
To read this article in full, please click here
(Insider Story)
Read More from This Article: 7 compliance mistakes to avoid
Source: News