In today’s global marketplace, organizations outsource many business processes to external business partners in order to improve efficiency and reduce costs. When an organization is under heavy government or industry regulation by policies such as HIPAA, SOX, and GLBA, how can an organization tell if a business partner’s security practices are sufficient to meet their regulatory needs? If a business partner is responsible for a breach of your customer data which requires disclosure, what is the cost to your business in money, productivity, and lost reputation?
The Gemini Information Protection Assessment (IPA) allows organizations to assess the information protection capabilities of their business partners before putting their information (and the information of their customers) at risk. Since the IPA is not based on a fixed set of checkbox-based requirements, it can apply and add value across a wide array of regulations and policies. The IPA can then create guidelines by which organizations manage the risk associated with their external business partners.