Health Insurance Portability and Accountability Act of 1996 is applicable to Health Care Providers, Health Plans, A Health Care Clearinghouse and Business Associates. The goal of HIPAA is to improve the effectiveness and efficiency of the healthcare system. An Electronic Health Care Record is stored in a computer system, therefore the security, reliability, and health of technology resources are extremely important.
Payment Card Industry Data Security Standard applies to companies of any size that accept credit card payments, store, process and transmits cardholder data.
Sarbanes-Oxley Act of 2002, is applicable to all publicly held American companies. The goal of SOX is to protect investors by improving the accuracy and reliability of corporate disclosures. IT infrastructure is usually how companies create, manage and consume financial information, therefore the security, reliability, and health of the technology infrastructure is extremely important.
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