Follow the attach instructions to complete this work
you will start by writing a short paper as described in the discussion question. You will be using information from the readings and from your own research to address the information needs expressed in the question.
1. Create an MS Word document containing your “short paper” (response) for the discussion topic. Use MS Word to spell check and grammar check your work! Then, submit this file . (For presentations, use Power Point format – .pptx)
Compliance with Laws and Regulations
Review the Week 2 readings and the Red Clay Renovations company profile for background information before responding to this discussion question.
The Red Clay CEO tasked the company’s IT Governance Board with developing a set of policies to address IT security requirements (including mandates for protecting privacy) arising from the following “rule” or “standard”:
(a) PCI-DSS (credit card and transaction information)
(b) the HIPAA Security Rule (health related information)
(c) the “Red Flags” Rule (consumer credit information: identity theft prevention).
Choose one of the three sources of regulatory requirements listed above. Write a three-paragraph briefing statement that summarizes the regulatory requirements as they apply to the company’s collection, processing, management, and storage of personal information about Red Clay’s clients. Your briefing statement should identify the specific types of personal information covered by the “rule” or “standard.” Include a compelling argument for why the company needs to adopt guidance policies that will ensure compliance with laws and regulations related to protecting personal information.
Provide in-text citations and references for 3 or more authoritative sources. Put the reference list at the end of your posting.