When it comes to compliance and data privacy, ignorance is not bliss. Today’s businesses must be aware of the regulations that govern them or risk incurring significant, potentially crippling penalties.
Seventy-four percent of unauthorized insider access to patient records was users’ household members and the second most common was accessing high profile (VIP/confidential) patient data, according to a 2019 Measuring Progress: Expanding the Horizon report.
Do your healthcare employees text? Careful – this could be a serious HIPAA compliance problem. According to SearchHealthIT, nurses and physicians are likely already using the unsecure text-messaging apps that come with their personal smartphones to communicate at a quicker pace.
Security breaches can cost organizations millions of dollars, and those costs could be followed by lawsuits, insurance claims, and hefty fines. Just as important are the devastating effects on company reputation and customer trust that could extend far into the future. A 2008 study by the Ponemon Institute, which researches information security policy and data protection, found that after a breach of credit card data businesses lose 31% of their customers.
