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Data and Compliancy Audit News

Data backup format called into question

Keeping secure data backups is an integral part of business continuity planning, but when that data is stored or transferred improperly, companies run a risk of data breaches.

5/18/2012 / Read more

Backing up for the IRS

Growing complications due to changing tax laws may make it more necessary than ever to keep financial records secure.

4/18/2012 / Read more

Companies smarten up to internal data audits

Concerns over the escalation and evolution of government compliance programs also drew increased attention from internal data audit teams with approximately one-third of companies bolstering capabilities in this area.

3/20/2012 / Read more

Data compliance struggles continue for IRS

According to the latest audit from the United States Government Accountability Office, data compliance concerns continue to loom large at the IRS as the agency struggles to modernize its information security protocols.

3/19/2012 / Read more

Researchers trace majority of data breaches back to employees

Media management professionals have been taught to fear the risks of both hackers and negligent business partners, but emerging research suggests that their focus may be better applied to internal operations.

3/12/2012 / Read more

Staying ahead of HIPAA compliance audits

If and when an organization is audited, they are only given 10 business days to respond with the appropriate documentation.

2/14/2012 / Read more

Data compliance audit catches vulnerability in Maryland Medicaid program

A recent data audit completed by Maryland State Legislative Services suggested that some of the claims that appeared in the state database left Social Security numbers readily available.

2/2/2012 / Read more

Massachusetts tackles data compliance confusion

As more companies incorporate third-party solutions into their media management strategies, Massachusetts will now require companies to ensure their contractors, suppliers and technology providers are in alignment with data compliance standards.

1/30/2012 / Read more

Data audits can reveal business insights

Routinely scheduling and completing internal data audits is an essential component of data compliance and security protocol. However, the potential business insights gained from these endeavors may provide additional motivation for implementation.

1/24/2012 / Read more

Avoiding PCI Compliance Pitfalls

Establishing and conforming to explicit internal policies provides a strong base for media management strategies to stand on, but it is also important to adapt systems to accomodate several external factors.

1/18/2012 / Read more

Research underscores need for integrated data management systems

Emerging research has suggested that integration and automation of data management utilities may hold the key to compliance and security goals.

1/4/2012 / Read more

Survey shows health organizations ill-prepared for data audits

The latest research from healthcare consultancy firm HCPro has revealed that American hospitals and medical offices are struggling to prepare for impending Health Insurance Portability and Accountability Act data compliance audits.

12/23/2011 / Read more

Ensuring compliance with Sarbanes-Oxley standards

Nearly a decade after their instatement, IT managers are still looking for guidance on achieving compliance with Sarbannes-Oxley standards.

12/19/2011 / Read more

Encouraging data compliance with revised regulations

European regulators have encouraged their American counterparts to follow their lead in reviewing current data compliance policies.

12/7/2011 / Read more

Healthcare sector shifts focus to data compliance

Congressional leaders and industry regulators have shown a growing interest in the healthcare sector in recent months, as medical offices around the country continue to develop plans for maintaining data compliance through technological transformations.

11/23/2011 / Read more

Data compliance concerns limit cloud use among law firms

Although cloud computing is gaining a reputation for enhancing the efficiency of a number of business processes, security concerns continue to discourage expanded use by legal professionals.

11/22/2011 / Read more

Security, control issues persist in the cloud

According to the latest research from data storage specialist Nasuni, companies continue to express concerns over the lack of security and control associated with cloud computing services and their potential implications for regulatory compliance.

11/17/2011 / Read more

IT outsourcing may introduce compliance issues

Although IT outsourcing continues to generate interest from a number of organizations, this strategy may expose their data compliance practices to unforeseen threats.

11/15/2011 / Read more

Facebook could be subject to data audit

Facebook may be subject to future data audits as Federal Trade Commission regulators come to a decision on the social media giant's privacy policies.

11/11/2011 / Read more

Conference findings reveal changing role of compliance officers

As the demands of corporate data management continue to grow in volume and complexity, CLOs are having to adapt their strategies to satisfying the challenges of corporate governance and data compliance.

11/10/2011 / Read more

Access governance key to corporate data security, compliance

To stop problems before they start, identity and access management specialists from Quest Software suggest organizations reassess their network governance practices and policies with a data compliance audit.

11/8/2011 / Read more

Preparing for PCI Compliance

Business are encouraged to seek the expertise of PCI DSS-trained professionals to help close data compliance gaps.

11/4/2011 / Read more

IT consumerization necessitates new approach to data backup

One of the biggest trends in the enterprise is the consumerization of IT, or the presence consumer technology, such as smartphones and social networks, in the workplace.

11/4/2011 / Read more

Companies experiencing compliance difficulties in the cloud, report says

Although a number of businesses are investigating cloud computing technology, the latest research from the Ponemon Institute suggests that the platform is complicating data compliance efforts.

11/1/2011 / Read more

Data breach awareness changing compliance practices

The recent rise is high-profile data breaches across a variety of industries may be changing how the American business community perceives and responds to data compliance issues, according to InsuranceNewsNet.

10/26/2011 / Read more

UK Information Commissioner seeks additional data audit powers

In response to a series of recent data breaches across the U.K., the country's Information Commissioner's Office is asking for an expansion of its current data audit powers, according to Computer Business Review.

10/18/2011 / Read more

Report: IT leaders realizing importance of data compliance

A recent survey of more than 200 IT executives conducted by Protiviti analysts has revealed that data compliance is emerging as a top priority for in an organizational strategy.

10/17/2011 / Read more

Report: Companies facing PCI compliance challenges

A recently released report from analysts at Verizon has revealed that a number of businesses may be placing consumer data in harm's way, as they continue to struggle with Payment Card Industry Data Security Standard compliance.

9/28/2011 / Read more

Understanding the PCI compliance audit process

The Payment Card Industry Data Security Standard has provided a critical regulatory framework for protecting consumer data, and businesses both large and small must now ensure their data compliancy practices will stand up to thorough audit processes.

9/9/2011 / Read more

Study: Insurance firms not prepared for Solvency II compliance

Despite increased scrutiny on the insurance industry, many firms do not believe they will be able to achieve compliance with Solvency II regulations by the time it goes into effect, a new study found.

4/11/2011 / Read more

Healthcare compliance pros worried about data breaches

While the majority of healthcare compliance professionals believe their organizations are prepared to handle cyber attacks from hackers, many are worried that accidental breaches would have a significant impact on their businesses, a new study found.

4/6/2011 / Read more

Businesses lax about risk data management, study finds

While nearly every business realizes the importance of risk data management and regulatory compliance, a new study by think-tank JWG found many financial firms fail to respond to risk data management challenges.

4/1/2011 / Read more

SEC stepping up surprise compliance exams

The Securities and Exchange Commission is carrying out more unannounced compliance audits than in years past in an effort to ensure registered investment advisers are employing good data management practices at all times, Forbes reports.

3/31/2011 / Read more

Nonprofits to address data management issues for financial industry

Computer industry standards nonprofit OMG and the not-for-profit Enterprise Data Management Council recently announced they will meet to develop standards that help businesses in the financial industry address data management challenges.

3/16/2011 / Read more

Effective data management can translate to reduced travel costs

Businesses can reduce travel expenses by employing effective data management practices that ensure corporate information is clean, organized and accessible, one expert recently stated.

3/15/2011 / Read more

Merchants failing to encrypt payment information

The majority of merchants are in danger of failing data compliance audits, because they store unencrypted payment information, Infosecurity recently reported.

3/10/2011 / Read more

Study: Compliance spending to rise in 2011

Businesses are expected to spend more on data risk and compliance solutions in 2011 to ensure they are protected from IT security risk, a recent study found.

2/25/2011 / Read more

Compliance teams expect increased supervision from regulators, study finds

Enterprise compliance teams spend more than an entire day each week tracking and analyzing regulatory development, and that figure does not show signs of decreasing any time soon, according to a recent report by Thomson Reuters.

2/16/2011 / Read more

In settlement, FTC requires credit report resellers to submit to compliance audits

Three credit report resellers have been instructed to improve their data security practices and will be required to submit to data compliance audits for the next 20 years, following a recent settlement with the Federal Trade Commission.

2/9/2011 / Read more

Report: IT spending up among financial services institutions

As financial services organizations look to increase their ability to deal with a variety of technological challenges, global IT spending among these institutions will increase 3.7 percent in 2011, a recent report predicted.

2/4/2011 / Read more

Internal audits strengthen data compliance practices, study finds

The need to improve data compliance practices is evident, as a recent study found 28 percent of organizations do not conduct annual internal audits.

2/1/2011 / Read more