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The type and volume of personal data processed may trigger a higher risk rating based on the criticality of the systems

Network connectivity or remote access may trigger a higher vendor risk classification only for third parties that process personal information 

A regulation must be adhered to by all companies subject to its requirements, but companies “can voluntarily choose to follow standards.

A standard must be adhered to by companies based on the industry they are in, while regulations are voluntary. 

Personally identifiable information and personal data are similar in context, but may have different legal definitions based upon jurisdiction

Personally Identifiable Information and Protected Healthcare Information require the exact same data protection safequards