AUDIT EXPOSURE

Facing down the challenges of a fragmented regulatory environment

Proliferating laws and regulations have put enormous pressure on records management programs in recent years. Organizations are subject to audits, regulatory assessments, and legal discovery from many directions and must be ready to respond promptly and show compliance. Some examples:

• Under HIPAA, Gramm-Leach-Bliley, and the Safe Harbor Act, organizations must be able to demonstrate compliance with requirements limiting the use and disclosure of personally identifiable information.
• With FACTA and other measures, companies must show that secure procedures are in place for disposing of confidential information.
• Under the amended Federal Rules of Civil Procedure, parties in a lawsuit may be called upon to present all records relevant to a case in a very short timeframe.

A holistic approach that streamlines costs

Iron Mountain can help you address your audit exposure in the most cost-effective way by taking a holistic approach to reporting and auditing.  In some cases, there may be areas of overlap among key regulations. As a result, you will benefit by adhering to a core set of best practices that address multiple requirements and regulations.

In turn, this allows you to consolidate redundant compliance requirements, streamline the number of individual controls you need to implement, and reduce the cost and complexity of your records management program.