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Tag Archives: compliance

A few weeks ago, our company underwent its annual ISO audit—an exercise to evaluate and confirm that the company is conforming to processes that ensure business efficiency and quality, which, in turn, translate into better products, solutions, and services for our customers. An ISO auditor sat with me at my

Addressing Data Compliance and Legacy Applications in the Financial Services Industry Pressures from Dodd-Frank in the United States and MIFID II in Europe are causing financial services organizations to revisit their information management strategies in order to mitigate risks. Two areas that pose challenges are regulatory data compliance and effectively

compliance

In our last blog, we loed at the roots of current data compliance regulations and the resulting trends that impact nearly all businesses and industries. The need to protect personal data, whether it be financial, medical, employment-related, or otherwise. This includes a multitude of regulations concerning data privacy, security, accuracy,

Data management is serious business. The price of data compliance—when not strictly adhered to—can be extraordinarily high. Healthcare Insurance Portability and Accountability Act (HIPAA) violations can result in $50,000 fines. Fines for violating credit card data retention and disposal policies can cost $100,000 per month. And, as the Enron crisis

compliance

What do electronic health records, identity theft, the Enron scandal, and the mortgage crisis of 2008 have in common? The answer is that all of these have contributed to a tsunami wave of new and complex regulations concerning the storage and management of data. Crisis leads to regulation, and in

In his blog “Think ‘Data Management,’ Not Just ‘Data Protection,’” Data Protection Analyst Jason Buffington provides sound advice to IT organizations whose primary storage is growing around 40% annually but whose IT budgets aren’t. That advice is to archive data. Buffington defines archiving this way: “Archiving is the intentional retention

After loing at Healthcare in the past few blogs (see Part One and Part Two), we now turn our attention to the Financial Services industry—and success stories for Application Decommissioning and EMC’s InfoArchive. Today’s Business Climate Like Healthcare, Financial Services is highly regulated and subject to strict rules protecting

In the previous blog, we talked about the Healthcare industry and the complexity of its privacy and security requirements. We also highlighted a modernization effort resulting in outdated legacy applications that still contained critical, regulated data. With Application Decommissioning and EMC’s InfoArchive, we saw how these systems could finally be

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