The Gramm-Leach-Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999, is an act of the 106th session of the United States Congress (1999-2001). The GLBA primarily sought to "modernize" the financial services system – that is, to put an end to the regulations that prevented banks, brokerage firms, insurance companies and other financial services organizations from merging.
The removal of these regulations, however, significantly increased the risk that financial institutions will have access to huge volumes of personal information without any restrictions on its use. After the adoption of the law, financial companies can merge, which gives them the opportunity to consolidate, analyze and sell their customers’ personal information. In view of this risk, the GLBA included three major requirements for the protection of individuals' personal data. These three integral pieces of the GLBA are called the Financial Privacy Rule, the Safeguards Rule and the Pretexting Protection, and they reflect the policy of the Congress that each financial institution has an affirmative and continuing obligation to respect the privacy of its customers and to protect the security and confidentiality of those customers’ nonpublic personal information.
The GLBA's privacy provisions only regulate financial institutions – businesses that operate in the United States and are engaged in banking, insuring, stocks and bonds, financial advice, and investing. GLBA compliance is mandatory for such organizations.
To inforce the privacy requirements of the GLBA, a formal U.S. government interagency body – the Federal Financial Institutions Examination Council (FFIEC) – has been given an authority to develop and provide guidelines for GLBA compliance. To give more direction in meeting the policy goals in the GLBA, the FFIEC published an IT Examination Handbook that provided further information about security safeguard standards, and also served to ensure that examiners work within uniform principles, standards, and report forms. The Handbook was substantially revised and expanded in July 2006.
Please note that the efforts and procedures required to establish compliance with the FFIEC / GLBA requirements may vary in different organizations depending on their systems configuration, internal procedures, nature of business, and other factors.
Xpro Compliance Auditors and Consultants use special tools hosted in our Data Center and might install some more tools in your organization to help Audit, Report, secure and support your technical Infrastructure.
Have on mind that Xpro procedures will not guarantee organizational compliance. Not all the controls that Xpro Networks can possibly offer can guarantee that your company is 100% in compliance as many other factors are in consideration to be in compliance with GLBA but we will reduce the odds of being fine from the IT perspective. Xpro Networks can customized and tailored policies and procedures for your particular environment using best practices and recognized industry standard tools.
The Health Insurance Portability and Accountability Act (HIPAA) is a set of standards created by Congress that aim to safeguard protected health information (PHI) by regulating healthcare providers. HIPAA has been in effect since 1996.
It was not effectively enforced before the act called HITECH (The Health Information Technology for Economic and Clinical Health Act) was enacted in 2009. HITECH among other requirements added HIPAA Breach Notification Rule that requires full disclosure of any leaked PHI directly to the patients and government authorities.
Further strengthening PHI protection and issuing more precise and even more strident requirements is the Omnibus Final Rule enacted in 2013, it provides various clarifications and final modifications to the HIPAA Privacy, Security, and Enforcement Rules mandated by HITECH.
Complying with the HIPAA regulations requires all healthcare organizations to setup processes and controls that ensure security and integrity of PHI. The ability to demonstrate that PHI is secured through reliable access control and monitoring is key to ensure a successful HIPAA audit. Majority of the requirements related to the information systems is contained within the HIPAA Security Rule.
Xpro Compliance Auditors and Consultants use special tools hosted in our Data Center and might install some more tools in your organization to help Audit, Report, secure and support your technical Infrastructure.
Have on mind that Xpro procedures will not guarantee organizational compliance. Not all the controls that Xpro Networks can possibly offer can guarantee that your company is 100% in compliance as many other factors are in consideration to be in compliance with HIPAA-HITECH but we will reduce the odds of being fine from the IT perspective. Xpro Networks can customized and tailored policies and procedures for your particular environment using best practices and recognized industry standard tools.
Anyone who accepts credit, debit or prepaid cards over the internet, telephone, or terminals as payment; stores card data, or processes card transactions is responsible to be PCI compliant.
Failure to comply with PCI may result in fines, loss of reputation, and inability to accept major credit cards.
Appropriate policies and procedures, technical measures, administrative efforts, and physical security should supplement each other in the organization in order to ensure continuous compliance with PCI Requirements.Xpro Compliance Auditors and Consultants use special tools hosted in our Data Center and might install some more tools in your organization to help Audit, Report, secure and support your technical Infrastructure.
Have on mind that Xpro procedures will not guarantee organizational compliance. Not all the controls that Xpro Networks can possibly offer can guarantee that your company is 100% in compliance as many other factors are in consideration to be in compliance with PCI-DSS but we will reduce the odds of being fine from the IT perspective. Xpro Networks can customized and tailored policies and procedures for your particular environment using best practices and recognized industry standard tools.
Any Federal agency, its subcontractors, service providers and any organizations that operate IT systems on behalf of Federal agencies must be compliant with FISMA regulation. FISMA was signed into law as a part of the Electronic Government Act of 2002.
To comply with the federal standard, organizations first determine the security category of their information system in accordance with FIPS Publication 199, derive the information system impact level from the security category in accordance with FIPS 200, and then apply the appropriately tailored set of baseline security controls in NIST Special Publication 800-53.
Organizations have flexibility in applying security controls in accordance with the guidance provided in Special Publication 800-53. This allows organizations to tailor the relevant security controls so that it more closely aligns with their mission and business requirements and environments of operation. Replacing existing system of self-assessments and checklist procedures, latest updates to FISMA in 2014 put emphasis on continuous compliance, monitoring and mitigation, periodic risk assessment and evaluation of controls. Thus increasing the need for a proactive compliance solution.
Please note that the efforts and procedures required to establish compliance with the FFIEC / GLBA requirements may vary in different organizations depending on their systems configuration, internal procedures, nature of business, and other factors.
Xpro Compliance Auditors and Consultants use special tools hosted in our Data Center and might install some more tools in your organization to help Audit, Report, secure and support your technical Infrastructure.
Have on mind that Xpro procedures will not guarantee organizational compliance. Not all the controls that Xpro Networks can possibly offer can guarantee that your company is 100% in compliance as many other factors are in consideration to be in compliance with FISMA, NIST 800-53 but we will reduce the odds of being fine from the IT perspective.
Xpro Networks can customized and tailored policies and procedures for your particular environment using best practices and recognized industry standard tools.
ISO 27001 is an international standard that provides requirements for establishing, implementing, maintaining and continuously improving an Information Security Management System (ISMS).
The design and implementation of an organization's ISMS is influenced by the organization's needs and objectives, security requirements, the organizational processes used and the size and structure of the organization.
Organizations implementing ISO/IEC 27001 can be formally audited and certified compliant with the standard.
The ISO 27002 standard, known as ISO17799 before 2007, is a code of practice for information security, originally based on BS7799 standard first published in 1999 by BSI. The current version of the standard was released in 2013.
ISO/IEC 27002:2013 has 14 security control sections collectively containing a total of 35 main security categories and 114 controls.
Xpro Compliance Auditors and Consultants use special tools hosted in our Data Center and might install some more tools in your organization to help Audit, Report, secure and support your technical Infrastructure.
Xpro Networks can customized and tailored policies and procedures for your particular environment using best practices and recognized industry standard tools that will help that your organization can acquire a ISO/IEC 27001 certification.
All public companies in the U.S. are subject to Sarbanes Oxley (SOX) compliance without exceptions. SOX compliance requirements also apply to overseas operations of U.S. public companies and international companies listed on U.S. exchanges.
SOX requires all listed companies to adopt Internal Controls over Financial Reporting (ICFR) and establish internal auditing of the adopted ICFR. The Sarbanes-Oxley Act does not provide any specific recommendations for implementation of internal controls; instead, it requires organization to adopt a “recognized control framework”.
Xpro Compliance Auditors and Consultants use special tools hosted in our Data Center and might install some more tools in your organization to help Audit, Report, secure and support your technical Infrastructure.
Have on mind that Xpro procedures will not guarantee organizational compliance. Not all the controls that Xpro Networks can possibly offer can guarantee that your company is 100% in compliance as many other factors are in consideration to be in compliance with SOX but we will reduce the odds of being fine from the IT perspective. Xpro Networks can customized and tailored policies and procedures for your particular environment using best practices and recognized industry standard tools.