Few issues in the last couple of years have been more bewildering and frustrating than government rules regarding the security and retention of electronic information. From the Sarbanes-Oxley Act, to the Health Insurance Portability and Accessibility Act (HIPAA), to The Payment Card Industry Data Security Standard (PCI DSS), to California's SB 1386, NASD 3010, and SEC 17a-4 - it can seem like a tangled maze of confusion. More than one organization has probably wished there was an easy way to comply with all the regulations out there in one fell swoop.
Unfortunately, there is no "magic bullet" for complying with all the rules. But there are some basic strategies companies can use that will help.
- Be security and privacy conscious - It goes a long way toward compliance.
- It's all in the planning - Planning for the regulations is often an enlightening process. Preparation makes companies concentrate on areas such as security and privacy in ways they may not be used to.
- Don't be myopic in your approach - Compliance is not an issue for specific departments; it's an issue for the entire organization. Compliance can also reach beyond company boundaries.
It's often helpful to have the advice of an outside expert. By leveraging GNT Solutions, we can share the experiences of other companies similar to yours, helping to clarify reasonable measures and suggesting cost-effective solutions you may not have known to consider.
Are you 100% compliant?