With data breaches becoming more frequent and costly, organizations face stricter regulations to safeguard personal information. One such regulation, the New York Stop Hacks and Improve Electronic Data Security (SHIELD) Act, imposes a set of data security requirements on businesses that handle private information about New York State residents. This blog will discuss: The basics […]
The CLOUD Act & Data Archiving
In recent years, the Clarifying Lawful Overseas Use of Data (CLOUD) Act has significantly impacted how organizations handle data storage and compliance in the U.S. and beyond. For businesses managing extensive archives of sensitive information — particularly in regulated sectors like finance, healthcare, and education — the implications of the CLOUD Act on data privacy, […]
FISMA Compliance Requirements & Best Practices (+ Checklist)
FISMA compliance should be your top priority if you’re a government agency or a private contractor doing business with the federal government. To help you better understand the complexities and implementation of this law, in this article, we’ll explain: What is FISMA How to stay compliant What are the benefits of FISMA compliance How to […]
Compliance Lessons from Major FINRA and SEC Texting Fines
Texting is one of the most commonly used forms of communication in the workplace. In regulated industries, using text messages for official business can be problematic, especially in the financial industry where the SEC and FINRA govern how firms archive text messages. Fines and penalties can be huge. In this article, we’ll look at some […]
SOC 2 Compliance Checklist and Best Practices To Follow
At work and in our private lives, we use SaaS products and apps that use our data. Think Google Workspace, LinkedIn, Zoom, Slack, Salesforce, HubSpot, Netflix, and Instagram, to name just the biggest ones. To guard themselves against data breaches (and massive fines that follow breaches) and reputation damage, SaaS companies need to meet SOC […]
A Comprehensive Guide to Data Encryption
As businesses increasingly rely on technology to facilitate day-to-day operations, strict security controls are necessary to shield sensitive or confidential data from unauthorized access. Unauthorized access to data can compromise customer privacy and expose companies to significant financial risk. To combat this, encrypting different types of data is crucial. In this article, we’ll look at: […]
How to Meet FINRA Compliance and Retain Records in Line With SEC 17a-4
The financial sector is overseen by two key regulatory bodies that determine how you manage your business records — FINRA and the SEC. Due to the complexity and rigor of these regulations, it’s challenging to comply, and many financial firms still face hefty fines. However, there are strategies and solutions you can implement to get […]
Data Loss Prevention Policy In-Depth Guide and Best Practices
Data is the driving factor behind almost all modern businesses, which makes it an invaluable resource to keep safe and operational. The costs of business downtime due to data loss can easily exceed $300,000 for a single hour of downtime. To circumvent this, businesses have recognized the need for data loss prevention policies and systems […]