The daily exchange of data with external organizations
It is now obvious
that, in our information based economy, the daily exchange of data with
external organizations has become a core process of businesses across a large
number of industries.
Then, one
can observe that, Healthcare providers and Insurers routinely
share Protected Health Information (PHI) between themselves and regulatory
agencies. Retailers and Financial institutions transmit payment card data.
Organizations
in multiple industries routinely exchange Personally
Identifiable Information (PII). All of this data is protected by regulations
such as HIPAA (Health Insurance Portability and Accountability Act), PCI DSS
(Payment Card Industry Data Security Standard), GDPR (the European Union’s
General Data Protection Regulation) and others.
