Third Party Vendors and Data Breaches So the bad news is sinking in. Data breach reports are showing that significant information security risk can lie with third party vendors. Starting with the now-famous Home Depot breach, a steady stream of breaches have been reported that involve third party vendors. In some studies, as many as […]
In January the Department of Health and Human Services (HHS) released the much-awaited final updates to the HIPAA Security, Privacy and Enforcement Rules. These updates, known as the “Omnibus Rule” were required by the HITECH Act and have been in proposal form since 2010. The new law incorporates some major changes in the HIPAA security […]
Assessing the risk of third-party vendors has been a growing problem for compliance management. Because of the growing number of data breaches related to third-parties, regulators have been focusing on the inherent risks of outsourcing. Within the financial services industry, this has long been accomplished via a SAS70 (now SSAE16) type audit. Within the U.S. […]