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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..."
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.
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Should you build, or buy? This is the million-dollar question. There are several maintenance and developmental costs involved in building your own payment gateway from scratch. You’d be paying much less to use an external payment gateway system than you would if you were to create a payment gateway system yourself.
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