Data breaches have reached a fever pitch over the last few years. The rapid frequency of successful attacks coupled with the rising costs to businesses has raised attention at the highest levels of global governments. In the past, breaches were relatively “localized,” that is, they affected the targeted company only. However, the newer attacks have disrupted entire supply chains.

Regulations have long existed to govern how organizations collect and use information online, as well as what cybersecurity precautions organizations should take while conducting business online. As digital transformation of business processes has accelerated in the last few years, however, that means ever more organizations — large and small — must comply with all those regulations.

The Health Insurance Portability and Accountability Act (HIPAA) was enacted by Congress in 1996 to prevent medical fraud and to assure the security of protected health information (PHI), such as names, Social Security numbers, medical records, financial information, electronic health transactions and code sets. The law is managed by the U.S. Department of Health & Human Services (HHS).

Security compliance management is the process of monitoring and assessing systems, devices, and networks to ensure they comply with regulatory requirements, as well as industry and local cybersecurity standards. Staying on top of compliance isn’t always easy, especially for highly regulated industries and sectors. Regulations and standards change often, as do threats and vulnerabilities. Organizations often have to respond quickly to remain in compliance.

Defense contractors across the U.S. are moving to update their cybersecurity programs to meet or exceed Cybersecurity Maturity Model Certification (CMMC) requirements launched in 2020 by the Department of Defense (DoD) to provide greater protection of Controlled Unclassified Information (CUI). The effort required for CMMC Level 3 Certification will be significant for many of the small to midsized firms who have limited information technology and cybersecurity personnel and resources.

The Digital Operations Resilience Act (DORA) is the European Union’s attempt to streamline the third-party risk management process across financial institutions. A draft of DORA was published by the European Commission on 24 September 2020. Without this act, there isn't an objective Information and Communication Technology (ICT) risk management standard in Europe.

HIPAA compliance law, the Health Insurance Portability and Accountability Act in long form, is one of the compliance standards the public and private healthcare companies need to address for building and maintaining public trust in telemedicine. During the COVID-19 pandemic, telemedicine has been the solution to withstand the excess influx to hospitals and health centers, avoiding unnecessary exposure of patients.

For healthcare organizations, cybersecurity isn’t just about staying safe and protected from evolving cyber threats—it’s also about staying compliant. The most well-known healthcare regulation of them all is the Health Insurance Portability and Accountability Act (HIPAA), which recently celebrated 25 years on the books.

TYSONS CORNER, Va., September 8, 2021 – NeoSystems, a full service strategic outsourcer, IT systems integrator and managed services provider to the government contractor market, announced today that it is being acquired by High Street Capital, a Chicago-based private equity firm. Financial terms of the deal were not disclosed. The company will continue to be led by NeoSystems CEO and Co-Founder, Michael Tinsley, and Co-Founder and CTO, Rob Wilson, along with its current management team.