Mar 29 2011

Ipswitch Issues Results of Regulatory Compliance Survey

Survey reveals HIPAA as the most challenging compliance regulation to IT and network administrators

LEXINGTON, MA ─ March 29, 2011  Ipswitch Inc.’s Network Management Division, developer of the WhatsUp Gold suite of innovative IT management solutions, today released the results of a survey of some of its 100,000 customers of their biggest compliance issues. The survey reveals that from an IT standpoint, the Health Insurance Portability and Accountability Act (HIPAA) is the most challenging regulation to businesses today.

 

HIPAA, enacted by Congress in 1996 to protect patients’ medical information and confidentiality, was named by almost 40% of respondents as their most difficult compliance regulation. HIPAA is a comprehensive federal law that affects a wide range of organizations, not onlythe healthcare and insurance industries. The Sarbanes-Oxley Act, which states that IT departments must save all electronic records and messages for ‘not less than five years’ placed second with nearly 30% naming it the most challenging regulation.

Network administrators were asked what, from an IT standpoint, is the most challenging compliance regulation. The results are:

  • HIPAA -  38.2%
  • Sarbanes-Oxley - 29.3%
  • Federal Information Security Management Act (FISMA) - 9.3%
  • Basel III - 8.2%
  • Other – 15%

 

Today, enterprises and organizations around the globe are charged with creating IT systems and processes that enable them to be in compliance with various regulations. Increasingly hefty fines and harsh penalties are imposed upon organizations which are shown to not be in compliance. Recently, a New England-based hospital paid a $1 million settlement for potential violations of HIPAA regulations. With data breach headlines appearing in the news regularly, organizations are under tremendous pressure to keep their sensitive information secure. Along with fines and penalties, loss of credibility and damage to a company’s brand are also among the consequences.

“Enterprises, financial institutions and health care providers are under intense scrutiny to protect the confidential information of their patients and clients,” said Ennio Carboni, president of Ipswitch Inc.’s Network Management Division. “Regulations are updated regularly, as are the hackers’ and thieves’ methods of exploiting them. Staying up-to-date and within compliance is no easy task. Transparency into the state of a network is paramount to making sure that the infrastructure is also supporting an organization’s effort to remain compliant.”

  For more information regarding this survey or for complete results, please visit www.whatsupgold.com.

About the Network Management Division of Ipswitch, Inc.

The Network Management Division of Ipswitch, Inc. is the developer of the WhatsUp Gold suite of innovative IT management software. WhatsUp Gold is deployed on over 100,000 networks worldwide and delivers comprehensive network, system, application and event log monitoring and management solutions for small and medium businesses and enterprises. The award winning solution supports a wide range of IT management tasks including automated discovery, mapping, real-time monitoring, alerting, troubleshooting and reporting.

Founded in 1991 and headquartered in Lexington, Massachusetts, Ipswitch, Inc. has offices in Atlanta and Augusta, Georgia, Madison, Wisconsin and Detroit, Michigan as well as Ipswitch KK in Japan and its European headquarters in Amsterdam, The Netherlands. Ipswitch sells its products through distributors, resellers and OEMs worldwide.

To learn more about WhatsUp Gold, please visit: http://www.whatsupgold.com/products/download/