AICPA
AICPA stands for the American Institute of Certified Public Accountants. SOC audit and reporting standards that define the criteria for managing customer information were designed by this member association.
Glossary
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Breach Notification Rule (HIPAA)
Any PHI usage or disclosure that isn’t permitted under the Privacy Rule is considered a breach. When a breach occurs, Covered Entities are required to notify affected individuals.
Business Associate
A Business Associate is an entity that provides services to, or performs certain functions involving the use or disclosure of PHI on behalf of, a Covered Entity.
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California Consumer Data Privacy Act (CCPA)
A statewide data privacy law, effective from January 1, 2020, that reinforced individuals’ rights by strengthening company laws around the use of personal information. CCPA is said to be a model of GDPR and is sometimes called the “GDPR light”.
Compliance Program
A compliance program is a company's set of internal artifacts (controls, policies, systems, etc.) put into place in order to comply with laws, rules, and regulations or to uphold the business's reputation.
Compliance Standard
A set of requirements defined by a law, or by an authority, that is widely accepted as a standard for demonstrating your trust to your customers.
Covered Entities
If you are a Covered Entity, you are subject to, and legally required to, comply with all the standards set forth by HIPAA.
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General Data Protection Regulation (GDPR)
This is known to be the toughest privacy and security law. Approved in 2016, and enforced in May 2018 by the EU, it made the already strict European legal environment even more challenging for businesses. It imposes uniform data security
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HIPAA Rules
There are four rules designed to keep PHI safe and secure, and to properly notify affected parties in case of a data breach: Privacy, Security, Breach Notification, and Omnibus.
HIPAA Violation
A HIPAA violation is the failure to comply with any of the standards outlined in the rules. Even after you’ve successfully completed an audit, there is a possibility that you may violate one of the HIPAA rules.
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Omnibus Rule
The HIPAA Omnibus Rule, which became effective in 2013, contains modifications and edits to the Security, Privacy, Breach Notification Rules and their enforcement. These modifications are intended to enhance confidentiality and security in data sharing, and strengthen the protection of
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Privacy Rule (HIPAA)
The Privacy Rule was developed to: Ensure that organizations that create and store health information take appropriate steps to protect this information from misuse or wrongful disclosure.
Protected Health Information
PHI is any personal health information that potentially identifies an individual that was created, used, or disclosed in the course of providing healthcare services, including, but not limited to: Names, Addresses, Date of birth, Social security number, Payment or billing
Protected Health Information (PHI)
PHI is any personal health information that potentially identifies an individual that was created, used, or disclosed in the course of providing healthcare services, including, but not limited to: Names, Addresses, Date of birth, Social security number, Payment or billing
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Security Rule (HIPAA)
The Security Rule protects a subset of information covered by the privacy rule, and sets the standard for the protection of electronically stored and transmitted PHI (ePHI). It does so by requiring the implementation of administrative, technical, and physical safeguards.
SOC 2 Audit Firm
SOC 2 audit firms are regulated by the AICPA, and they are required to be independent CPAs. The SOC 2 auditor you choose to work with will examine your controls (which will include evidence collection) to determine whether they are
SOC 2 Report
An audit report done by an objective, third-party firm that would be responsible for assessing your cybersecurity practices. All companies that hold customer information throughout their operation should consider scheduling and go through an audit. Depending on the maturity of
SOC 2 Type I Report
A SOC 2 Type I report examines the controls that govern an entity’s security and other applicable criteria at a point in time. This involves an auditor performing a walkthrough of your processes to understand and attest to the design
SOC 2 Type II Report
SOC 2 Type II reports assess the efficacy of an entity’s security and other applicable criteria since the last SOC 2 audit. Most SOC 2 reports are renewed annually. However, it is up to the company to decide to go
SOC Trust Services Criteria (TSC)
There are five Trust Service Criteria (TSC) or Trust Service Principles (TSP) within the SOC 2 framework. All organizations, independent of size, industry, or customer needs pursuing a SOC 2 have to include the Security Criteria. The others are optional
Subcontractor
A Subcontractor is an entity to whom a Business Associate delegates a function, activity, or service, other than in the capacity of a member of the workforce of the Business Associate.
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Trust Assurance
Trust Assurance is a brand new approach. Trust Assurance is a crafted, consumer-grade user experience that demystifies compliance. It pairs machine learning with intuitive design to do most of the work for you; embedding accurate testability into every workflow to
TrustRegister
Predictive intelligence to eliminate manual, unreliable processes and optimize your risk management program. TrustRegister helps you identify risks, streamline remediation, and assess business impact so you can maintain a proactive program - good riddance to that pesky spreadsheet
