What is NIST 800-66, and How Does it Apply to HIPAA?

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Cybersecurity is a community practice. Different innovations and discussions about new vulnerabilities, threats and controls inevitably influence security implementations in multiple markets and industries, depending on their applicability. This is just as true for healthcare, an industry generally governed by HIPAA. HIPAA, however, is complex, and organizations working in healthcare often look outside their own industry to help them better understand cybersecurity outside just hitting compliance checklists. That’s where NIST 800-66 comes in. 

In this article, we’ll discuss HIPAA security and how it relates to NIST 800-66. This NIST document helps healthcare providers under HIPAA understand more advanced security controls that could support their compliance, privacy and cybersecurity controls. 

 

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What is Data Governance and Why Is it Important? 

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Data is such a rich and complex part of our modern society that several disciplines have risen around its management. Most enterprise businesses have data governance policies in place to support their business, security and compliance objectives, and these policies are evolving at a rapid rate. 

Here, we want to introduce the concept of a data governance policy and why it is important for your business. It doesn’t matter if you are a small vendor or a multi-site enterprise; having data governance policies in place is a necessary part of doing business. 

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What is FINRA Compliance?

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The Financial Industry Regulatory Authority (FINRA) is an independent regulatory body monitored by the SEC to manage and protect the financial industry against breaches in regulations that could lead to corruption, fraud or theft. All told, FINRA monitors up to 4,200 brokerage firms up to 75 billion transactions each day. 

As part of that mission, FINRA develops and implements a set of compliance requirements that protect financial transactions against theft. This includes several layers of financial best practices as well as cybersecurity measures that protect communications, transactions and data every single day. 

Here, we’ll cover the basics of FINRA compliance and what it could mean for your business. 

 

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