• Regulation: Another challenge facing companies today is the existence of many new
industry regulations. Each industry has its own set of legal compliance requirements; for
example, the Health Insurance Portability and Accountability Act (HIPAA) for the health
insurance industry and the Restriction of Hazardous Substances (RoHS) directive for the
restriction of hazardous waste. IT departments must find innovative solutions to ensure that the company remains in compliance with required regulations for its industry.