Information Technology Privacy and Security Requirements

Businesses today are subject to a variety of regulatory and contractual requirements that make the privacy and security of information absolutely necessary.  This document provides an overview of the key privacy and security requirements affecting most businesses. 

HIPAA - Privacy Rule

The HIPAA Privacy Rule regulates the use and disclosure of certain information held by "covered entities": health care providers, health care clearinghouses, and health plans (including employer self-funded health plans).  It establishes regulations for the use and disclosure of Protected Health Information ("PHI"). PHI is any information held by a covered entity which concerns health status, provision of health care, or payment for health care that can be linked to an individual. 

HIPAA - Security Rule

The HIPAA Security Rule complements the HIPAA Privacy Rule. While the Privacy Rule pertains to all Protected Health Information including paper and electronic, the Security Rule deals specifically with Electronic Protected Health Information ("EPHI"). It lays out three types of security safeguards required for compliance: administrative, physical, and technical. For each of these types the Rule identifies various security standards, and for each standard it names both required and addressable implementation specifications. Required specifications must be adopted and administered as dictated by the Rule. Addressable specifications are more flexible. Individual covered entities can evaluate their own situation and determine the best way to implement addressable specifications.

HIPAA - Enforcement Rule

The HIPAA Enforcement Rule sets civil money penalties for violating HIPAA rules and establishes procedures for investigations and hearings for HIPAA violations.  Prior to the HITECH Act (see page 2), the Department of Health and Human Services Secretary was limited to imposing fines of $100 for each violation or $25,000 for all identical violations of the same HIPAA provision. The HITECH Act substantially increases these monetary fines by establishing tiered ranges of increasing minimum penalty amounts, with a maximum penalty of $1.5 million for all violations of an identical provision. The HITECH Act also allows states' Attorneys General to levy fines and seek attorneys' fees from covered entities on behalf of victims.

HITECH Act - Updates to HIPAA Privacy and Security Rules

The Health Information Technology for Economic and Clinical Health Act ("HITECH Act"), enacted as part of the American Recovery and Reinvestment Act of 2009, addresses the privacy and security concerns associated with the electronic transmission of health information. The HITECH Act extends HIPAA's Privacy and Security Rules to the business associates of covered entities, including newly updated civil and criminal penalties.  The HITECH Act imposes significant new notification requirements on covered entities, business associates, vendors of personal health records ("PHR") and related entities if a breach of unsecured protected health information occurs. 

Gramm-Leach-Bliley Act - Safeguards Rule

As part of its implementation of the Gramm-Leach-Bliley Act, the Federal Trade Commission issued the Safeguards Rule which requires covered organizations to have measures in place to keep customer information secure.  The Safeguards Rule applies to all businesses, regardless of size, that are "significantly engaged" in providing financial products or services (such a deposit accounts, investments, insurance products, and loans).  The Rule requires organizations to develop a written information security plan that describes their program to protect customer information.

Federal Trade Commission - Red Flags Rule

The Red Flags Rule was created by the Federal Trade Commission along with federal banking regulatory agencies to help prevent identity theft. Under the Red Flags Rule, financial institutions and creditors must develop a written program that identifies and detects the relevant warning signs - or "red flags" - of identity theft.   While it is easy to determine which organizations are "financial institutions", determining which organizations are creditors is not so easy. A "creditor" is any entity that regularly extends, renews, or continues credit; any entity that regularly arranges for the extension, renewal, or continuation of credit; or any assignee of an original creditor who is involved in the decision to extend, renew, or continue credit. Creditors include finance companies, automobile dealers, mortgage brokers, insurance companies, utility companies, and telecommunications companies.  Creditors also include any entity, whether a for-profit business, non-profit organization, or a governmental agency, that provides goods and/or services to consumers and allows payment to be made after the goods and services are delivered (e.g., hospitals, medical clinics, retail stores, law firms, accounting firms, etc.)

Federal Trade Commission - Disposal Rule

Any business or individual who uses a consumer report for a business purpose is subject to the requirements of the Federal Trade Commission's Disposal Rule which calls for the proper disposal of information in consumer reports and records to protect against unauthorized access to or use of the information.  The Disposal Rule applies to consumer reports or information derived from consumer reports. A "consumer report" includes information obtained from a consumer reporting company that is used - or expected to be used - in establishing a consumer's eligibility for credit, employment, or insurance, among other purposes. Examples of consumer reports include credit reports, credit scores, reports businesses or individuals receive with information relating to employment background, check writing history, insurance claims, residential or tenant history, or medical history.

State Security Breach Notification Laws

Forty-six states, the District of Columbia, Puerto Rico and the Virgin Islands have enacted legislation requiring notification of security breaches involving personal information. Only four states do not have a security breach law: Alabama, Kentucky, New Mexico, and South Dakota.

These laws were enacted in response to an escalating number of breaches of consumer databases containing personal information such as social security numbers, driver's license numbers, and financial account numbers, credit card numbers and debit card numbers along with any PIN or other access code required for access to the account. Some states also include medical information, insurance policy numbers, passwords, biometric information, professional license or permit numbers, telecommunication access codes, mother's maiden name, employer identification number, electronic signatures, and descriptions of an individual's personal characteristics. 

Most states define a security breach to mean an unauthorized acquisition of electronic files, media, databases or computerized data containing personal information of any resident of that state when access to the personal information has not been secured by encryption or by any other method or technology that renders the personal information unreadable or unusable.  It is important to note that for most states, you do not have to have a physical presence in that state in order to be subject to the law, but merely have to hold personal information belonging to a resident of that state.  This is especially important if you have employees and customers who reside in multiple states. 

Federal Rules of Civil Procedure - Discovery of Electronically Stored Evidence

The preponderance of electronic documents has not only changed the ways that businesses manage and maintain information, but has also changed the way information is produced and used during litigation.  When parties seek information related to litigation, the discovery process provides a way for the parties to request evidence, often in the form of documents and data, which relates to the subject of the dispute.  The Federal Rules of Civil Procedure ("Federal Rules") stipulate how the discovery process is conducted in Federal courts and are used as a guideline for many State courts as well. 

On December 1, 2006, the Federal Rules were amended to specifically address the discovery of electronically stored information ("ESI"), including the preservation of evidence, the assertion of privilege, and the production of ESI.  Failure to comply with the Federal Rules can produce a variety of unfortunate outcomes, including financial sanctions reaching millions of dollars. To be prepared, businesses should have a litigation response plan in place that ensures that management, legal counsel, information technology staff and others can react quickly to ensure that relevant evidence is preserved, identified, collected, analyzed, processed and produced.

Payment Card Industry Data Security Standard

The Payment Card Industry Data Security Standard ("PCI-DSS") is a worldwide information security standard defined by the Payment Card Industry Security Standards Council. The Standard was created to help organizations that process card payments prevent credit card fraud through increased data security.  The core of the PCI-DSS is a group of principles and accompanying requirements, around which the specific elements of the DSS are organized:

• Build and Maintain a Secure Network
• Protect Cardholder Data
• Maintain a Vulnerability Management Program
• Implement Strong Access Control Measures
• Regularly Monitor and Test Networks
• Maintain an Information Security Policy

HORNE Can Help You Comply

HORNE LLP has a staff of qualified consultants who can guide you through the process of complying with each of these important requirements.  For more information, please contact Tony Brooks, Principal and Director of Information Technology Assurance and Risk Services, at tony.brooks@horne-llp.com or by calling 601-326-1281.

Links


News

HORNE Tax Alerts

View up to date tax information from HORNE's tax team