1 / 10

Sharetru- June 1

Cloud-based file transfer software u2013 built with regulatory compliance and security in mind. Partner with Sharetru and share with confidence.

Download Presentation

Sharetru- June 1

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. SHARETRU Cloud-Based File Transfer Software | Sharetru

  2. Introduction to Regulatory Compliance Overview Understanding the importance of compliance with HIPAA, SOX, and GLBA. Objective Explore the key requirements and differences among these regulations. Relevance Applicable to organizations handling sensitive data in healthcare, finance, and publicly traded sectors.

  3. Health Insurance Portability and Accountability Act (HIPAA) Purpose Protects the privacy and security of health information. Scope Applies to healthcare providers, insurers, and their business associates. Key Requirements: Establish internal controls over financial reporting. Ensure accuracy and reliability of financial statements. Conduct regular audits and assessments.

  4. Sarbanes-Oxley Act (SOX) Purpose Enhances corporate governance and financial disclosures. Scope Applies to all publicly traded companies in the U.S. Key Requirements: Establish internal controls over financial reporting. Ensure accuracy and reliability of financial statements. Conduct regular audits and assessments.

  5. Gramm-Leach-Bliley Act (GLBA) Purpose Protects consumers' private financial information. Scope Applies to financial institutions offering financial products or services. Key Requirements: Implement privacy and security policies. Provide consumers with privacy notices. Establish safeguards to protect sensitive data.

  6. Comparison of HIPAA, SOX, and GLBA HIPAA SOX GLBA Aspect Industry Focus Healthcare Publicly Traded Companies Financial Services Data Type Health Information Financial Data Consumer Financial Information Primary Goal Privacy and Security Financial Integrity Consumer Privacy Compliance Body Department of Health & Human Services Securities and Exchange Commission Federal Trade Commission

  7. Common Compliance Challenges Data Breaches Unauthorized access to sensitive information. Lack of Awareness Employees unaware of compliance requirements. Inadequate Training Insufficient employee training on data protection. Resource Constraints Limited resources to implement and maintain compliance measures.

  8. Best Practices for Compliance Regular Audits Conduct periodic audits to assess compliance status. Employee Training Provide ongoing training on data protection and compliance. Data Encryption Implement encryption to protect sensitive data. Access Controls Establish strict access controls to sensitive information. Documentation Maintain thorough documentation of compliance efforts.

  9. Role of Secure File Sharing Solutions Data Protection Ensure secure transmission and storage of sensitive information. Compliance Support Facilitate adherence to regulatory requirements. Audit Trails Provide detailed logs for monitoring and reporting. Access Management Control and monitor access to sensitive data.

  10. Gramm-Leach-Bliley Act (GLBA) Summary HIPAA, SOX, and GLBA are critical regulations for protecting sensitive data. Action Steps Assess your organization's compliance status. Implement necessary safeguards and controls. Utilize secure file sharing solutions to enhance compliance. Further Resources Visit Sharetru's Compliance Page for more information.

More Related