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Regulatory compliance has become increasingly complex as organizations navigate evolving industry standards, and operational controls. However, despite modern advancements in compliance technology, many organizations still rely on manual processes that involve spreadsheets, evidence collection, and periodic audits which require a lot of time and resources while leading to mistakes and audit fatigue.
Within the last month, in a single day, various hospitals run by Prospect Medical Holdings across several states experienced a cyber-attack that's left them in recovery mode for the coming weeks. While much remains unknown, AP News shares, “the incident had all the hallmarks of an extortive ransomware..."
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We live in a digitally-operated world where everything is virtual. We harness the power of digital mobile devices to do everything from communicating with others and checking our Facebook status to streaming videos and even running a business!
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