A recent report by the Identity Theft Resource Center should heighten the level of concern of a number of healthcare companies. According to statistics compiled in 2013, the healthcare sector now accounts for 43.8% of total reported data breaches. That is the most of any sector. The reason is likely two-fold. First, the healthcare industry is subject to some of the strictest reporting requirements in the U.S. economy. These strict regulations force healthcare companies to publicly report information on all large data breaches. Second, hackers are increasingly recognizing healthcare companies as a valuable source of personal information. Hacking accounted for over a quarter of reported data breaches in 2013. Healthcare companies must become more aware of these external threats.
The Health Insurance Portability and Accountability Act (HIPAA) along with other federal requirements make strict security measures and data encryption methods a necessity for healthcare companies. Failure to implement these standards leaves these companies vulnerable to an attack. Companies are subject to federal punishments if a data breach occurs due to relaxed security measures. These include large fines and financial penalties. Given that the healthcare industry is now a popular victim of hackers, healthcare companies cannot afford to assume their security measures are sufficient.
Thankfully, Giva makes HIPAA compliance very easy for our customers. The data center, hardware and software infrastructure of Giva's cloud help desk & customer service software meet the very strict HIPAA compliance regulations. For more information visit 7 Key Elements of Giva's HIPAA-Compliant Cloud Help Desk Software for Electronic Health & Medical Records.