Protect your business while staying compliant. e-Armor from Security7 Networks will help you meet your compliance needs & prevent cyber-attacks.
Why is PII Compliance so important for businesses?
State governments have implemented their own sets of compliance regulations for businesses who collect Personal Identifiable Information (PII) from their customers. PII includes things like a customer’s name, their physical address, email, social security and driver’s license numbers.
These state compliance regulations are put in place to help protect residents from things like identity theft, fraud and other avenues of abuse. If your company is complaint, the data you collect should be secure and the resident (your customer) safe.
Multiple states have instituted their own PII Compliance standards over the past decade. For example the Commonwealth of Massachusetts has 201 CMR 17.00 and the State of California has Civ. Code § 1798.82.
Not all states have their own set of compliance rules Businesses located in states without a set PII Compliance standards but do business in a state that does, must comply to that state's standard or face risk of penalty.
Penalties vary from state to state, but fines can be very expensive. Let’s use Massachusetts’ 201 CMR 17.00 as an example.
The costs associated with violating PII Compliance in the Commonwealth are:
Add to that a drop in consumer confidence and you’re looking at a pretty hefty cost if you’re not in compliance.
How Security7 Networks can help your business stay compliant:
To safeguard your businesses’ PII assets, your organization needs a to develop a written corporate IT security policy that defines how IT assets are to be protected, expected employee behaviors, and the consequences of violations.
The experts at Security7 Networks can help you do that. There are seven key steps we take to help ensure you are PII Compliant at all times. They are:
The first step in the process is to perform an audit. Using a trusted 3rd party auditing firm, your IT assets and business processes will be examined and any toxic data collection points will be identified.
While the audit is being performed Security7’s experts will use established compliance standards to prepare a response plan. After the audit results are in and the response plan has been created, we’ll analyze the results to discover any potential problems that may already exist and prioritize remediation based on risk.
Our experts will implement controls and solutions developed specifically to keep you compliant. After implementation we’ll give the solution another pass to identify any risks or problems that may have arisen and we’ll remediate them.
Finally, you’ll be able to generate reports and respond to compliance related enquiries and demonstrate that you are up to date with current compliance standards.