Budgetary pressures and regulations such as the European Union’s General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA), the California Privacy Rights Act (CPRA), the Health Insurance Portability and Accountability Act (HIPPA) and similar and similar statutes around the world have sharpened the focus on cybersecurity accountability in recent years.
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With privacy laws becoming global and mainstream, the concept of “adequate security” is becoming a legal mandate for many organizations. The overlap between privacy and security calls for new ways for these two teams to collaborate, communicate more effectively, and use common tools.
Massive amounts of personal data flows to and from third-party vendors, creating many privacy compliance and security challenges. With new regulations and frequent data breaches relating to third-party vendors, proper security and privacy controls must be put in place. Your organization should have access to the latest information regarding global privacy laws and security standards – that is why we created the Ultimate Vendor Risk Management Handbook.
Organizations worldwide struggle to implement detailed regulatory requirements for maturing privacy laws (e.g., from the EU’s General Data Protection Regulation [GDPR] or California’s Consumer Privacy Act to pending bills that are expected in India and Brazil).
The role of privacy officer is one that is growing in importance, partly due to legislation such as the EU General Data Protection Regulation (GDPR) that stipulates the nomination of a privacy officer role with accountability specifically for data privacy.
Many enterprises rely on third-party vendors to help facilitate the delivery of products and services to their customers. However, these relationships come with risk. Data privacy must be a top priority in these relationships.
ClearDATA is the market leader for healthcare cloud computing and information security services for providers, life sciences, payers and healthcare technology organizations.