PKI and Encryption at Work
You are in the role of chief information technology (IT) security officer for the Quality Medical Company (QMC). QMC is a publically traded company operating in the pharmaceutical industry.
QMC is expanding its arena of work through an increase in the number of clients and products. The senior management of the company is highly concerned about complying with the multitude of
legislative and regulatory laws and issues in place. The company has an internal compliance and risk management team to take care of all the compliance-related issues. The company needs to make
important decisions about the bulk of resources they will need to meet the voluminous compliance requirements arising from the multidimensional challenge of expansion.
QMC will be required to conform to the following compliance issues: § Public-company regulations such as the Sarbanes-Oxley (SOX) Mt § Regulations affecting financial companies, companies that make
loans and charge interest, such as the U.S. Securities and Exchange Commission (SEC) rules and Gramm-Leach-Bliley Mt (GLIBA) § Regulations affecting healthcare privacy information such as Health
Insurance Portability and Accountability Mt (HIPAA) § Intellectual Property Law that is important for information asset protection particularly for organizations in the pharmaceutical and
technology industry § Regulations affecting the privacy of information, including personal identification information such as personally identifiable information (PII) regularly collected from
employees, customers, and end users § Corporate governance policies including disclosures to the board of directors and the auditors and the policies related to human resources, governance,
harassment, code of conduct, and ethics