Regulatory & Vulnerability Monitoring

Compliance with new federal regulations that address security, privacy, and corporate accountability will have a broad impact on IT operations at many organizations.

Some companies will likely take on additional IT staff to help cope with the added burden of compliance work. Some will delay technology initiatives in order to fast-track compliance efforts while others will speed up IT projects that help the organization reach compliance goals.

Among the regulations having the biggest impact on companies and their IT organizations are the Health Insurance Portability and Accountability Act (HIPAA), which is designed to secure electronic patient information; the Gramm-Leach-Bliley Act (GLBA), which requires banks and financial services firms to protect customer data; and the Sarbanes-Oxley Act, which requires all public companies to back up financial statements with proof of the procedures and controls in place.

Compliance is reminding some people of another, recent event that led to a surge in IT activity and spending: Y2K. This time, however, there's no "end-time" for the event; compliance is something that must continue as long as the laws are in effect.

Demonstrating accountability to shareholders, employees, customers, and partners is no longer just good business, it's the law. Implementing new regulatory requirements is frequently complex, confusing and time-consuming. Much of the compliance with new security and privacy regulations falls squarely on IT departments. Certified NETS is committed to helping your organization reduce the costs of achieving full regulatory and corporate compliance, while minimizing the effect on operations and overall infrastructure management.

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