Compliance and Governance Regulations Paper

Organizations and IT Professionals must adhere to compliance and governance regulations. Three regulations of note are HIPAA, PCI, and SOX compliance. HIPAA is used in Healthcare.  PCI is used in credit card transactions. SOX is used in public organizations for data integrity.  Auditing is part of adherence to these regulations.  For this assignment, you will choose one organization that you are familiar with.  Then, you will choose the regulation associated with that business.

Write a three to five (3-5) page paper in which you:

1. Briefly describe the organization that you chose. Identify which regulation you would associate with that organization.  Explain the purpose of the regulation for that business. 
2. Identify the requirements for the organization in order to be compliant.  Outline the penalty for non-compliance.
3. Explain how the regulation affects the work of the IT professional in that business.Assess the role of auditing in IT in order to be compliant. 
4. Use at least four (4) quality references in this assignment. Note: Wikipedia and similar Websites do not qualify as quality references.