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What are Some Common Compliance Standards?
There are numerous compliance standards that businesses may need to adhere to, depending on their industry and location. Common examples include:
-
Sarbanes-Oxley Act (SOX)
: Governs financial reporting and auditing for public companies in the U.S.
-
Health Insurance Portability and Accountability Act (HIPAA)
: Protects sensitive patient data in the healthcare industry.
-
Payment Card Industry Data Security Standard (PCI DSS)
: Ensures secure handling of credit card information.
-
International Organization for Standardization (ISO)
: Provides various standards for quality management, environmental management, and information security.
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