Debt Collection and Audits for Collection Agencies

Debt Collection and Audits for Collection Agencies

Debt collection agencies with sensitive data need to be familiar with how PCI, FISMA, SSAE 16/SOC 1 and SOC 2 apply to them. If you’re performing collections, you’re no stranger to regulatory compliance and the proactive supervision of government agencies such as the Federal Trade Commission (FTC), Consumer Financial Protection Bureau (CFPB), and the Office … Read more

IT Regulatory Standards Are an Alphabet Soup

IT Regulatory Standards

IT Regulatory Standards Are an Alphabet Soup IT regulatory standards got you down? If you work in IT or IT compliance, you’ve probably heard of the “Alphabet Soup” of regulatory standards. Think SSAE 16, SOC 2, HIPAA, PCI DSS, FISMA, ISO 27001, and others, of course. However, what do they all really mean?  Which one is right for me? … Read more

CFPB Vendor Compliance Management

When it comes to CFPB vendor compliance, companies must “oversee” their vendors “in a manner that ensures compliance with Federal consumer financial law…The CFPB’s exercise of its supervisory and enforcement authority will closely reflect this orientation and emphasis,” according to the Consumer Financial Protection Bureau’s CFPB Bulletin 2012-3. An effective risk management strategy includes the … Read more

Mastering a Risk Assessment

Mastering a Risk Assessment

In light of the recent news of the data breach at Anthem Blue Cross/Blue Shield, risk assessment is our theme today. We welcome this guest post from our partner, KirkpatrickPrice….   Performing a Risk Assessment is a critical component of any Information Security Program. It’s mandated by several frameworks (SSAE 16, SOC 2, PCI DSS, … Read more