Prime Factors Blog

Operating Inside the Healthcare Industry. Is Your Data at Risk?

Posted by Pete Flagella on Dec 20, 2017 10:00:00 AM

The Problem

When a cyberattack occurs inside the healthcare Industry, personal, medical, and even financial information are often stolen, making for a highly desired data set that can be used for identity theft, medical fraud, financial misdemeanors, tax fraud and insurance fraud. In many instances the data is auctioned off to the highest bidder resulting in even greater damage than typical financial data breaches and theft.

Healthcare IT systems are often more prone to breaches than any other industry IT systems due primarily to the underinvestment in maintaining up-to-date operating systems and devices. In spite of regulations like HIPPA, HITECH ACT, ARRA, ACA and the HIPAA OMNIBUS RULE, the healthcare industry continues to struggle with the balance between regulations, patient confidentiality, and adapting to new technologies. This resistance to change is especially challenging because there are constant changes to service provider networks, insurance companies, and medical device technologies. The use of mobile access, which now allows these technologies to work together, adds an additional layer of complexity to protecting sensitive data. Combined, all of these frequent changes within the technological landscape effect everyone and every aspect of doing business within the healthcare industry.

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Topics: PCI Data Encryption, encryption, PCI Data Security Standards, PCI Compliance, PCI DSS, health information security, hippa, healthcare security