Cloud-Based Compliance Solution
Innovation demands an interactive platform that brings your policies alive. K2 Compliance™ can enhance productivity and improve processes by tracking, auditing, and guiding compliance efforts in the cloud. Increased regulatory scrutiny forces companies to live with risk, lose focus, hire more employees to manage efforts, or cease to exist entirely.
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The Compliance Blog
To define malware, it is malicious software coded with the intent of causing harm to a user, system, or a network. Although malware is nothing new, the rate at which it continues to evolve into new invisible forms of threats should raise the alarm for many businesses. It's important that your organization's staff understands the threat that malware poses and the difference between each form of malware.
Since it was enacted in 1996 by the United States government, The Health Insurance Portability and Accountability Act has enforced strict penalties for organizations who fail to provide data privacy and provisions towards safeguarding medical information. More specifically, it demands that the Department of Human Services and Health in the U.S. (HHS) create regulations that protect both the security and privacy of health information.
The Federal Trade Commission (FTC) issued a policy enforcement statement on October 23rd, 2017 that provides new direction on the application of the Children's Online Privacy Protection Rule ("COPPA"). Specifically, they've updated the collection of audio voice recordings online. COPPA compliance applies to operators of online services that are either directed to children under 13 years of age or know they are collecting personal information from children under the age of 13.
Maintaining compliance on every facet of your organization isn't easy. It's especially hard for smaller organizations and start-ups who simply don't have enough revenue to be able to afford a compliance officer. However, the costs of being out of compliance can be far greater and bring more lasting consequences for companies. Below we've outlined some of the biggest costs associated with non-compliance.
The EU's General Data Protection Regulation (GDPR) is a set of consumer data privacy regulations that apply common guidelines to companies. Although the enforcement data isn't until May 2018, the regulations pose looming issues for CIOs as they could face significant fines for non-compliance.
Your organization has until December 31, 2017 to implement NIST SP 800-171 if you have contracts with the United States Department of Defense (DoD) or are a subcontractor to a prime contractor with DoD contracts. This requirement is stipulated in the Defense Federal Acquisition Regulation Supplement (DFARS).
Let's face it, today's world is complex and shows no signs of slowing down anytime soon. What's the best way to handle the daily intricacies of doing business? Regulatory compliance. Organization's who fail to respond adequately to regulatory changes drives up unnecessary costs.
Compliance training should be viewed within your organization as one of the most important facets of your company both in terms of legal responsibility as well as operational efficiency. But all too often, compliance training is an afterthought. In today's compliance environment it seems as though there are new regulations penned by the government on a daily basis. Yet too many organizations still cling to their simple read-and-agree policy format for their compliance training. This form of training exposes your organization to threats that could lead to massive government audits.
When dealing with the cyber security of your organization you have to evaluate your legal environment. Are there regulations put into place that can help regulate and maintain a safe and secure work environment? Is there a set policy framework for computer security guidance that will help me assess our cyber security readiness?
If you've been paying attention to our recent posts then you most likely know that we're holding a special webinar event on August, 23rd at 2:00 pm EST. The best part? If you stay for the entirety of the webinar you'll have a chance to win a free 90-day trial of our comprehensive compliance solution, K2 Compliance.