Ferrum Technology Services Blog

Managing technology and procedures that maintain compliance with regulations might seem like a never-ending and problematic task. One of the best strategies is developing a reporting system to make this task manageable and even beneficial for a business' growth and sustainability. Reporting isn’t just about ticking boxes for regulators; it’s about creating a transparent, accountable, and efficient operation that can adapt to a business’ regulatory requirements.

Every time you log into an account, you have to enter a password. And we know exactly what you’re thinking: why? Good password hygiene is important, especially in high-profile environments like your business. Passwords play a crucial role in securing your network, so you should know how to build better passwords—if not for your own sake, then for your business.

In today’s world of flexible working environments and conditions, you want to be intentional with how you share and distribute access to your company’s data. You’ll need to ensure that you are not accidentally putting your data in harm’s way due to outdated and insecure data retrieval policies and procedures.

In 1996, the United States Congress passed the Health Insurance Portability and Accountability Act, better known as HIPAA, in an attempt to streamline the healthcare system while also maintaining individual privacy of individuals’ health records. This regulation allowed people to more effectively and securely transfer their health coverage without the risk of fraud or abuse of health records. As you can imagine, your technology plays a significant role in making this happen.

Many companies, individuals, and organizations have sought to get the most value out of cloud computing, making it an industry that also requires a certain level of regulation. With its increasing integration into our daily lives, it’s no small wonder that there is a greater effort to control certain aspects of it. Here is what you can expect from cloud regulation in the near future.

Protecting your clients’ and employees’ personal and financial data has to be a consideration for every single business. Not only do you have a responsibility to protect this data, you also may have to do so to remain in compliance with regulations mandated by governments, industry organizations, and even your own business. With data privacy becoming a growing concern, we thought it would be useful to discuss the basics of compliance a bit in this month’s newsletter. 

There are numerous industries that, in one way or another, deal with sensitive data on the regular. In order to protect this data, numerous laws, regulations, and other requirements have been put on the books that require businesses to maintain—as well as prove—their compliance to them.

Today, we wanted to focus on how a business would prove their compliance, so we’re going to dive into the subject of compliance reporting.

Recently five bipartisan bills are being considered in the United States House of Representatives that intend to add additional oversight on the power of modern tech giants. Let’s take a look at these bills and why they are deemed necessary by many lawmakers. 

It is undeniable that technology has become ingrained into our workplaces, and perhaps even more so into our daily lives—particularly considering the events of the past few years. This is likely why it is so surprising when a large tech company bans a user for some activity on their platform.

With all that is happening today, this surprise has largely turned into outrage over whether or not these companies can really ban people over what they share on the platform. Let’s go over the situation to try and glean from it some answers.

Compliance can be difficult for some businesses. They might know that it’s a necessity--and may even know what they have to do--but they just have trouble implementing practices that are designed to guarantee the meet their regulatory responsibilities. HIPAA and HITECH compliance laws in particular are difficult to navigate, and the results of failing to adhere to them can be dire.

Data loss, on any scale, is an organizational nightmare. Not only do you have to restore data, any lost productivity that comes as a result of the data loss incident makes it difficult on the budget. That’s only scratching of the surface of how serious data loss can be.

Organizations are taking to the skies with cloud computing solutions in the workplace, and it’s proving to be a valuable investment. However, such unprecedented growth doesn’t come without its fair share of risks. How does the cloud affect your business’s ability to function without unknowingly compromising your data infrastructure, or risking heavy downtime?