Why do you need IT compliance?
Regulations are necessary in every industry but may be especially important to companies that process large amounts of sensitive data, such as financial or medical data. IT compliance is also important for businesses that use IT security systems, such as firewalls and antivirus software.
Compliance requirements or guidelines is a way of preventing organizations from failing due to challenges that arise from negligence or ignorance with regards to a business’s IT.
What does IT compliance entail?
Regular IT audits
Compliance with IT standards
Consequences of Failing to Follow Compliance Standards
Failure to comply with IT compliance standards can result in heavy fines for companies or other legal punishments, depending on the type of violation. IT compliance violations may be the result of not keeping IT documentation up to date, having IT equipment that is not secure enough, or allowing unencrypted transmissions of information.
Businesses that do not follow IT compliance standards can receive fines or face other consequences if they are not able to prove that they did everything in their power to comply with IT compliance requirements.
Companies must make sure they are aware of all IT compliance regulations, especially when it comes to their industry.
- Health Insurance Portability and Accountability Act (HIPAA): prohibits the unauthorized disclosure of patient medical information
- Sarbanes-Oxley Act (SOX): requires IT companies to implement IT controls and procedures, internal audits, and systems of reporting to prevent fraudulent financial activities.
- General Data Protection Regulation (GDPR): IT companies must follow this IT compliance regulation, which protects the personal data of EU citizens.
- Federal Information Security Management Act (FISMA): IT security standards for all federal agencies.
Envision IT offers IT solutions that help companies achieve their compliance standards and avoid the risk of non-compliance. Our IT professionals perform on-site audits to make sure all necessary components are in place, and IT documentation is up to date. IT security solutions are also installed by our IT professionals to protect your data and IT systems, including firewalls and antivirus software.
IT compliance is rapidly changing, with new laws being added or modified each year. With years of extensive knowledge and understanding in the Compliance sector, Envision can help businesses learn more about business regulations and save them from costly compliance mistakes. To find out how Envision IT can help with your IT compliance needs, contact us today!
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