Drafting Compliance Episode 19: Moving to FedRAMP Rev5

The regulatory environment for health-care organizations places a high value on personal health information, writes Kayne McGladrey of Integral Partners. However, the dark web market value of PHI has cratered, according to cybersecurity firm Flashpoint. A PHI record that sold for an average of $75 to $100 in 2015 would net $0.50 to $1 in 2017, he writes.

“Work from home is not necessarily new. I just think that for budgetary purposes many companies thought, “oh, that’ll be over soon.””

In this Help Net Security video, Kayne McGladrey, IEEE Senior Member, discusses best practices for using digital wallets safely. With the adoption of digital wallets and the increasing embedding of consumer digital payments into daily life, ensuring security measures is essential. According to a McKinsey report, digital payments are now mainstream and continually evolving, bringing advancements and new data protection and fraud prevention challenges.

What’s needed is “an effective provisioning and de-provisioning system that defines rules for what users can do with data and provides quick auditing of who granted access to the data. There needs to be training around the approval process for granting and revoking access to data; otherwise, organizations risk compliance fatigue and start rubber-stamping all the access requests.”

Ever apply for a cybersecurity job and then either in the listing or partway through the interview you realize, “Yikes, this job is not for me.”