Pervasive Solutions – Your Virtual Compliance Officer

These days, legislation like HIPAA, GLBA and Sarbanes-Oxley are becoming old news.  Yes, we still have to adhere to the standards they set forth.  Yes, we must continue regular audits to prove our adherence.  But we’ve been through it before and we know what they’re going to say. 

(If you’re thinking, “Uh-oh” right now, please contact us immediately!)

Impacts of the Breach Notification Acts

However, even as you read this, additional legislation is being passed that provides stronger controls and stiffer penalties.  This new class of legislation, grouped together as the “Breach Notification Acts”, is costing companies of all sizes millions of dollars.

In the first two months following approval of the New York State Breach Notification Act, over 200,000 New York residents were informed that their personal information may have been compromised.  Sending out those notices was an expensive and painful experience for the companies impacted. 

More recently, in December 2006, UCLA was forced to publicly admit that their database of over 800,000 consumers had been compromised repeatedly for the past 15 months.  They are still in the process of notifying all those who were impacted.

The fact of the matter is, if you store financial, credit, health or any other types of protected consumer data, you are subject to an increasing number of legislative regulations on both the state and federal levels. 

Who is Protecting Your Business?

Who in your organization is keeping track of each new piece of legislation?  Who is taking the time to determine what practices and standards should be implemented in your operations to make certain you are compliant?  What would your customers think and do if you suffered such a breach?  What about your investors?

If you don’t have a definitive plan for addressing compliance on an ongoing basis, you need our help.  Our Compliance Consultants are well-versed in the state and federal regulatory requirements facing organizations in the healthcare, banking/financial services, manufacturing and legal communities. 

Not Auditors, But Partners

While we don’t administer the actual regulatory audits, our Compliance Consultants engage on an ongoing basis to establish a compliance program, identify your gaps, and work with your team to make sure those gaps are filled before the auditors arrive.  As new legislation is approved, our Compliance Consultants will alert you to it and help you understand the impact to your organization and operations.  We will be your Compliance Officer.

Please contact us today.  Regulatory compliance is too important to let slip another day!