The world has changed. There was a time when businesses could hope to operate in monopolistic situations; competition was then viewed as a significant barrier to success. Now, however, competition is considered essential for the smooth operation of the business ecosystem. Effective collaboration is seen as one of the prerequisites for ensuring commercial success. Every day, large businesses are discovering that they need to rely on...
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If you are a business owner or in charge of the security of any organization, then you have to work with third party players. In the current business world, third parties have become an indispensable part of the business infrastructure. However, there’s a flip side to this as well; working with third parties actually puts your organization in severe risk of a security breach. This is...
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As we strive to build a safe and secure world of digital data, one might forget about the perils of physical thefts of data.You may have protected your data from online malware, but what if the hard drive containing the data is stolen from your office? In addition to evaluating your digital security standards, it is also crucial to assess the physical security risks to...
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In this day and age, perhaps no other piece of data warrants the level of security that as financial transactions. It is crucial that businesses requiring storage, sharing, processing,or transmission of credit card information follow Payment Card Industry (PCI) Data Security Standards(DSS)to the letter. Non-compliance not only invites critical data breaches but also huge monetary penalties. Here are five tips to ensure that your business is...
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Recent events have seen a lot of organizations handling PHI fall prey to disastrous breaches such as malware attacks and the like. When a huge amount of patient data is being stored, disseminated and transferred using digital media, this is not at all desirable. Such lapses are usually the result of failure to comply with HIPAA standards. Many organizations have to face hefty fines and regulatory...
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Internal audits can be scary. Many organizations shy away from the fact that they must hold an internal audit of their systems for the simple reason that they find the process too complex and cannot decide where to actually begin. This remains the main concern of most businesses, especially larger ones that have considerable amount of assets that need to be under the scope of an...
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Compliance assessments are a reality of life in the modern business world; yet many companies fail to satisfy the required regulatory standards and must face hefty fines and other penalties. Complying with standards such as HIPAA and others is absolutely essential for the safe keeping of digital assets and confidential information. Why is it then that organizations trip up on this very important issue? We fear...
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With rising incidents of data breaches and an increasing rate of medical data related offenses, legislation such as HIPAA is becoming more important than ever. One of the best ways to ensure compliance is to conduct a HIPAA compliance audit. However, any compliance audit for HIPAA can quickly become the bane of an organization handling PHI unless they prepare beforehand. To help your organization, here are the...
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Constant vigilance is the price of continued safety. This is as true today as it was a hundred years ago. Even in the digital age, we must continue to be ever vigilant. And this is even more required in the 21st century. Today, businesses are almost completely reliant on digital systems for operation. All essential and business-critical information are stored on digital media, and most business transactions...
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A growing and decidedly positive trend in the IT security domain is the widespread prevalence of security assessments. Organizations all the world over are opting to conduct periodic security assessments to ensure the safety of their IT assets. This is no doubt a welcome change. Of course, there are still exceptions to the rule; some organizations still view security assessments as an unnecessary process that merely...
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