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Microsoft Office 365 is one of the most popular business suite software platforms in the world, with more than a million customers in the United States and nearly 50% of the total market worldwide. With OneDrive’s cloud storage and collaboration features, Office 365 is a powerful tool for healthcare organizations of every size. Before private … Is OneDrive HIPAA Compliant?
Healthcare organizations have a range of compliance requirements, from HIPAA security standards and government regulations to professional ethics guidelines and payment processing stipulations. To successfully juggle so many legal and regulatory requirements, enterprises need to establish a detailed compliance program. A healthcare compliance program is a framework that outlines the scope of your compliance needs, … 7+ Benefits of a Strong Compliance Program in Healthcare
In every industry, the need for compliance is a fact of life. Adhering to leading standards and regulations can boost business success, while running afoul of the law can bring significant monetary and reputational costs. The banking industry is no exception. But what is compliance in banking? Understanding this process is key to running a … What Is Compliance in Banking?
Enterprises create hundreds or thousands of contracts every year, including procurement, sales, and service agreements. In the SaaS and IaaS markets alone, the annual value of contracts exceeds $14 billion. Top B2B brands such as Honeywell and C.H. Robison generate over $20 billion in revenue each year. Effective contract compliance is a vital investment with … What Is Contract Compliance?
After a Change Healthcare data breach exposed the private information of at least 100 million Americans, investigators tied the hack to a basic cybersecurity failure: stolen credentials and servers with no multifactor authentication. In 2018, Uber had to pay nearly $150 million for trying to cover up a major data breach in 2016. An effective … 9 Essential Elements of a Compliance Program
Safeguarding your organization against data security threats is more important than ever — but also more complex. NIST 800-171, a leading cybersecurity framework, has over 90 controls in 17 families of data security standards. Similarly, HIPAA privacy and security guidelines for healthcare organizations are over 110 pages long. To successfully navigate regulatory requirements and cybersecurity … What Does GRC Mean: Governance, Risk and Compliance
Navigating the complex system of regulatory frameworks is challenging for many companies, but meeting legal, industry, and government regulations is more important than ever. Non-compliance can greatly impact your operations, with GDPR fines reaching a staggering $22.8 million or 4% of global annual revenue. Fortunately, state-of-the-art compliance software offers powerful tools for meeting GDPR, ISO, … What Is Compliance Software?
In response to regulatory changes and a significant rise in data breaches (over 3,200 events in 2023), a growing number of businesses are embracing a governance, risk and compliance (GRC) approach to information security. Compliance is one of the main pillars of a GRC framework. With Meta making headlines for a whopping $1.2 billion fine … What Is Compliance in GRC?
As the demand for telemedicine increases, many healthcare organizations are evaluating videoconferencing and communications platforms, including Microsoft Teams. Nearly 70% of adults in the U.S. want telehealth appointments for prescription refills, and approximately 50% prefer virtual visits for minor health problems and mental healthcare. One of the most important factors for hospitals to consider is … Is Microsoft Teams HIPAA Compliant?
Compliance is a fragile thing, and entrusting it to the wrong person can spell disaster. For that reason, many organizations prefer to manage it internally, but there are actually several benefits of outsourcing compliance. So is outsourcing right for your business? Reasons to Outsource Compliance There are pros and cons to everything. Whether you choose … 8 Benefits of Outsourcing Compliance
