5. PCI
When accepting a debit/credit card, not only is it against card brand guidelines not to comply with the Payment Card Industry Data Security Standard (PCI DSS) but adhering to the standard is a must in the current economic climate characterized by increasingly intelligent payment card theft.
PCI DSS certification ascertains that the processor has adhered to the set industry practices for safeguarding information when a payment card is used.
The IT experts at times grapple with the challenge of creating a safe cardholder environment that can be proven to hold water against multiple tests and PCI DSS evaluations. To create such an environment for sensitive customer information, a firewall can be used to segment and separate cardholder’s information from the rest of your enterprise’s data. When proper segmentation is done, and everything is configured in the right manner, the PCI DSS audit scope can be narrowed, and risks and costs can be reduced.
6. Cloud Service Providers
Cloud data security is another challenge that needs to be tackled head on. The best way to ensure that your sensitive corporate data is safe in the cloud is to choose a reliable service provider.
Cloud services present an array of benefits concerning flexibility, cost saving, scalability and much more. However, to ensure that your company’s or customer’s information is secure and compliant with relevant requirements, the service provider should adhere to all standard regulatory requirements, whether it is the HIPAA, FISMA, or PCI standards. Cloud data security also seeks to ensure that providers are SSAE 16 certified.
7. HIPAA and HITECH
Compliance acts such as the Health Information Technology for Economic and Clinical Health Act (HITECH) and the Health Insurance Portability and Accountability Act (HIPAA) have placed emphasis on the need for all data to be digitized, and most importantly, to adhere to security and privacy standards.
However, as data traffic continues to increase, more information is being caught and the existing security requirements are continuing to evolve as well.
Because of this, more refined and intuitive information administration approaches need to be established.
Sourced from: cio
Featured Image: linkedin.com
