In December 2023, the U.S. Department of Health and Human Services reported that the medical data of more than 88 million people was exposed in the first ten months of 2023. A 2018 Trustwave Global Security Reported that a single healthcare record would receive an average of $250.15 when sold, 50 times more valuable than a stolen credit card. 92% of stolen records were criminally acquired. This is a 9x increase over the past five years affecting over 145 million people.
Patient Healthcare Information is the most sensitive, valuable and prolific security challenge of the present day.
Thankfully, we have this information due to the oft-maligned HIPAA law. Truly innovative for its time and often updated due to its popularity, it is a great accomplishment in privacy law.
However, like most laws, its implementation for a business can be fraught. Consulting on HIPAA has become its own industry with an army of consultants and legal experts. In this episode of Strike Graph we are going to delve into the 2nd edition of “The Practical Guide to HIPAA Privacy and Security Compliance.” with the authors Rebecca Harold and Kevin Beaver. The discussion highlights the importance of a comprehensive approach to HIPAA compliance, common myths, and challenges facing healthcare organizations today. The episode also addresses the growing threat of cybercrime, the evolving landscape of data security, and practical steps organizations can take to safeguard patient information. A must-listen for professionals navigating the complex world of healthcare data security.
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