Regulatory Compliance

The adherence to regulations, laws, and guidelines that are relevant to an organization’s business operations. Such regulations include the Health Insurance Portability and Accountability Act (HIPAA), which offers provisions for safeguarding medical information; the Sarbanes-Oxley Act (SOX), which applies to all public companies, protecting shareholders against fraudulent activity and accounting errors by defining which business records should be stored and for how long; and the Gramm-Leach Bliley Act (GLBA), which mandates that all financial institutions disclose to customers their information-sharing practices.