The financial industry is among the most heavily regulated, and compliance is always a moving target as regulations change. At WWPass, we understand that protecting sensitive data is more than good practice; it is a legal obligation. You’re responsible for identifying security risks before they become a problem.
As you know, data breaches are often linked to poor compliance. A 2014 Verizon survey looking specifically at credit card compliance found that breached organizations were far more likely to have compliance issues. In the survey, companies reported that their No. 1 barrier to compliance is protecting sensitive data. More than 55 percent of participants said securing data is an ongoing problem.
Our patented multi-factor authentication technology keeps sensitive data out of the hands of hackers, which helps keep you compliant with state, federal and international regulations set by the National Institute of Standards and Technology, the Securities and Exchange Commission and the Federal Trade Commission, to name just a few.
The shift to electronic health records is vastly improving patient care. Medical providers are better able to understand patient histories and communicate with one another. Unfortunately, EHRs have vastly complicated security. The more computerized records you have the more information that is vulnerable to hackers.
The healthcare industry also faces complex and ever-growing compliance regulations, including HIPAA, HITECH and the NHS Directive. This is causing healthcare organizations to a take a closer look at IT security. Our patented multi-factor authentication technology helps to keep sensitive data out of the hands of hackers, which keeps you compliant with state, federal and international regulations. With WWPass, data security is one less thing to worry about.
IT security is a growing issue of concern for colleges and universities, particularly in light of recent major data breaches. Educational institutions must also deal with the issue of compliance. Regulations such as the Family Education Rights and Privacy Act (FERPA) and the Payment Card Industry Data Security Standard (PCI DSS) require colleges and universities to take steps to protect sensitive data. WWPass helps to keep your school compliant by securing every piece of data, from social security numbers to medical records to credit card information.