5 Essential Tips for Staying Compliant with Secure Records Management

Staying compliant with data privacy laws is more important than ever. Businesses of all sizes must follow strict regulations to avoid fines and security risks. Here are five key tips to keep your records management practices secure and compliant.

1. Know the Rules for Your Industry

Different industries follow different compliance regulations. Healthcare organizations must comply with HIPAA while financial institutions follow FINRA and SEC rules and SOC 2 compliance audits. Stay updated on changes to these laws and provide regular employee training to ensure compliance.

2. Create a Clear Records and Data Retention Policy

A strong records and data retention policy outlines how long to keep documents and digital data and when to securely dispose of them. This reduces the risk of data breaches and ensures compliance. Make sure your policy covers both physical and digital records and aligns with legal requirements. Legal counsel and industry-specific organizations can provide guidance.

3. Use Secure Storage Solutions

Protect sensitive information with specialized records storage for physical records and encryption, strong passwords, and access controls for digital records. Only authorized personnel should have access to confidential data to prevent unauthorized use.  Make sure to update your authorized personnel lists annually or as people change roles.

4. Conduct Regular Compliance Audits

Routine audits help identify risks and outdated procedures. Perform internal and third-party audits to ensure your records and data management processes meet current legal standards. Address any issues quickly to stay compliant.

5. Work with a Trusted Records Information Management (RIM) Provider

Partnering with a professional records information management (RIM) service partner ensures secure document storage and certified destruction is handled to your industry compliance specifications. Choose a provider familiar with your industry’s compliance requirements to safeguard sensitive information, such as Records Management Center.

Stay Compliant & Secure

Strong records and data management protects your business from legal risks and data breaches. Implement these best practices today and ensure your organization stays compliant. Need expert help? Contact a trusted records management provider now!

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