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With multiple compliance mandates, often with overlapping requirements, Canada Web Hosting understands the need to effectively assess, remediate, and manage risks, that's why we partner with Eosensa to provide a complete package in implementing enterprise-scale audit and compliance programs in various business sectors.
Many executives concur that Sarbanes Oxley reporting is diverting large amounts of executive time and company resources away from the fundamental profit-making objectives of the business. We will assess the posture of your organization's current controls and provide practical advice. Whether your organization uses Oracle Financials, SAP, PeopleSoft, or an in-house developed application, our proven methodology will assist your organization in achieving and maintaining compliance.
Though American publicly traded companies and their Canadian subsidiaries have been governed by the SOX legislation since 2002; in Canada, Bill 198 is an Ontario legislative bill effective since October 2003 that encompasses many areas. Bill 198 is known for clauses that provide equivalent legislation to the U.S. Sarbanes-Oxley Act to protect investors by improving the accuracy and reliability of corporate disclosures. Thus, it is also known as the "Canadian Sarbanes-Oxley" Act or C-SOX.
The PIPEDA is a Canadian Federal law that establishes a set of ten principles that organizations must follow when collecting, using and disclosing personal information in the course of commercial activity. The Principles are (1) accountability, (2) identifying purposes, (3) consent, (4) limiting collection, (5) limiting use, disclosure, & retention, (6) accuracy, (7) safeguards, (8) openness, (9) individual access, and (10) challenging compliance.
The Gramm-Leach-Bliley Act is a US Federal law that requires financial institutions to ensure the confidentiality and security of the customer's personal information. Canada Web Hosting will assess, advise, and implement physical, technical, and administrative controls to ensure your organization is in compliance with the GLBA.
The Administrative Simplification provisions of the Health Insurance Portability and Accountability Act of 1996 (HIPAA, Title II) required the Department of Health and Human Services (HHS) to establish national standards for the security of electronic health care information. The final rule adopting HIPAA standards for security was published in the Federal Register on February 20, 2003. This final rule specifies a series of administrative, technical, and physical security procedures for covered entities to use to assure the confidentiality of electronic protected health information. Canada Web Hosting will assess, advise, and implement physical, technical, and administrative controls to ensure your organization is in compliance with the HIPAA.
To find out more, please contact our managed hosting experts for a free consultation: 1-866-297-0853.