What does information security compliance mean?
UK HealthCare has a robust information security compliance program aimed at ensuring our information security measures are aligned with the required standards, laws, and regulations. This proactive approach to information security compliance is crucial in safeguarding UK HealthCare’s Protected Data (AR10:7). Failure to meet these standards can lead to severe consequences, including breaches, financial penalties, reputational damage, heightened risks, and legal complications.
Information security compliance helps identify and address potential security vulnerabilities and risks. By following established standards and regulations, organizations can reduce the likelihood of security breaches, data leaks and cyberattacks.
What regulations and laws is UK HealthCare subject to?
UK HealthCare is subject to several specific information security regulations and laws, including, but not limited to, Health Insurance Portability and Accountability Act (HIPAA), Family Educational Rights and Privacy Act (FERPA), Gramm-Leach-Bliley Act (GLBA), Kentucky’s Data Security Law and House Bill 5, and the Payment Card Industry Data Security Standard (PCI DSS). Adhering to these regulations, laws, and standards not only prevents legal consequences but also builds trust with our students, employees, and community partners.
Why is information security compliance important?
Demonstrating information security compliance with standards can enhance UK HealthCare’s reputation. It shows that we take data protection seriously and are committed to safeguarding the information entrusted to us by our patients, employees, community partners and students.
While implementing and maintaining information security compliance measures might involve initial costs, they can save UK HealthCare money overall. The cost of dealing with an information security breach—such as legal fees, data recovery, fines, and reputation repair—can be significantly higher than investing in preventive measures.