Regulatory & Compliance Issues Flashcards

What does FCC stand for?

Answer: Federal Communications Commission

FCC stands for Federal Communications Commission. It is an independent agency of the United States government that regulates interstate and international communications by radio, television, wire, satellite, and cable, playing a crucial role in managing spectrum allocation and promoting competition.

Why is GDPR important?

Answer: Data protection regulation

GDPR (General Data Protection Regulation) is a comprehensive data privacy and security law enacted by the European Union. It is important because it imposes strict rules on how personal data is collected, processed, and stored, giving individuals greater control over their information and mandating robust data protection practices for organizations globally.

Which regulation protects patient telecom data?

Answer: HIPAA

HIPAA (Health Insurance Portability and Accountability Act) is a U.S. law that sets standards for protecting sensitive patient health information. It mandates strict security and privacy rules for healthcare providers and related entities regarding the handling and transmission of protected health information (PHI), including data exchanged via telecommunications, to ensure patient data confidentiality.

What does net neutrality ensure?

Answer: Equal access to internet content

Net neutrality is the principle that Internet Service Providers (ISPs) should treat all data on the internet equally, without discriminating or charging differently based on user, content, website, or application. It ensures that ISPs cannot block, slow down, or prioritize certain content or applications over others, promoting an open and fair internet.

Which act governs telecom competition in the U.S.?

Answer: Telecommunications Act of 1996

The Telecommunications Act of 1996 was a landmark piece of legislation in the United States that significantly reformed telecommunications law. Its primary goal was to promote competition and reduce regulation in various telecom markets, including local and long-distance telephone services, cable television, and the internet, by opening them to new entrants.

Which body regulates spectrum allocation?

Answer: FCC

The FCC (Federal Communications Commission) is the primary regulatory body in the United States responsible for managing and allocating the electromagnetic spectrum. It assigns frequencies for various uses, including wireless communications, broadcasting, and public safety, to prevent interference and ensure efficient spectrum utilization across the country.

What does CALEA require?

Answer: Lawful intercept capability

CALEA (Communications Assistance for Law Enforcement Act) is a U.S. federal law that requires telecommunications carriers and manufacturers of telecommunications equipment to design their products and services to ensure they are capable of assisting law enforcement in conducting electronic surveillance. This means building in 'lawful intercept' capabilities to allow authorized government access to communications.

Which regulation covers credit card data?

Answer: PCI DSS

PCI DSS (Payment Card Industry Data Security Standard) is a set of security standards designed to ensure that all companies that process, store, or transmit credit card information maintain a secure environment. Compliance is mandatory for any organization handling credit card data to protect against fraud and data breaches, safeguarding sensitive financial information.

What is a key compliance risk?

Answer: Data breaches

Data breaches represent a significant compliance risk because they involve unauthorized access to or disclosure of sensitive information, often leading to violations of privacy regulations like GDPR or HIPAA. Such incidents can result in severe penalties, reputational damage, and loss of customer trust for organizations, making prevention a top priority.