Data Regulatory Compliance
Chapter Eight (8): Information Governance and Legal Functions: According to the authors, Smallwood, Kahn, and Murphy, IG is perhaps one of the functional areas that impact legal functions most. Failure to meet them could be literally put an organization out of business or land executives in prison. Privacy, security, records management, information technology (IT), and business management functions are very important. However, the most significant aspect of all of these functions relates to legality and regulatory compliance from a critical perspective.
For this discussion, identify the industry you will be writing about in your final paper and discuss the regulatory compliance requirements that the company has to meet and the corresponding security, privacy, and records management functions that would need to be enabled for that organization. Remember to cite your sources.
Note:
APA format
400-500 words
Legal Drivers
Textbook: Chapter 8- Information Governance and Legal Functions and
Readings:
- Vogel, H. S., & Rood, D. K. .(2019). Dealing with subpoena requests for digital data. Journal of Accountancy, 227(3), 1–4. Retrieved from http://eds.a.ebscohost.com/
eds/pdfviewer/pdfviewer?vid= 17&sid=73312ccd-f875-4af5- 9c62-d1adf1d7c39c% 40sessionmgr4008
Answer preview
Walmart Inc handles vast data from suppliers, customers, employees, and other operations. There are various compliance requirements for handling electronically stored information (ESI). Data integrity, safety, and the privacy of stakeholders are important regulations which the company must uphold. This discussion focuses on the regulatory compliance for Walmart and the security, privacy, and records management functions. Record retention policy (RRP) is one of the compliance requirements needed for Walmart…
(650 words)