The Health Insurance Portability and Accountability Act which is also known as HIPAA is an important law affecting the healthcare industry in the US. Introduced in the year 1996, the legislation was earlier established to help employees with their health insurance coverage during the time frame between two jobs.
It also required healthcare organizations to implement controls to secure patient data against healthcare fraud. However, over the years the legislation evolved and eventually focused on protecting the privacy of patient’s data. Today, HIPAA is best known for protecting the privacy of patient data by appropriately implementing the necessary security requirements outlined in the regulation. This would include implementing HIPAA Security Rules, Privacy Rules, Breach Notification Rules, and Omnibus Rule.
The purpose of the HIPAA Rule was to limit access, restrict disclosure, protect Patient Health Information (PHI), and notify the authorities and people affected by incidents of a data breach. This is mainly to ensure data in both physical and electronic form are appropriately secured, controlled and an auditable trail of PHI activity is maintained. In short, the purpose of HIPAA is to improve the efficiency, security, and privacy of PHI data in the healthcare industry.
In the age of big data and exponentially growing cloud services - data breach is just one aspect of everyday life.
It is definitely an unfortunate thing if it happens, but as it was explained above - it is far from inevitable.
All it takes to avoid data breaches from happening is keeping a close eye on what is going on with the data and where it is going.
Knowledge is half the battle won - you need to be cautious about the value of your data and the ways it can be exposed.
In this article, we have shown you exactly how to lessen the risks of data breaches and wholly avoid such events.More about data breaches
A data breach refers to the leak of confidential information.
Thousands of companies fall victim to data breach where hackers gain unauthorized access to their system and steal confidential data.Cybercriminals often steal data and encrypt it to deny access to the owner of the data, in return hackers ask for a ransom to decrypt data.The text above is a summary, you can read full article here.
Imagine you’re living in a big house full of people ( family) and everybody has access to almost every room of it.
But, then there is one safe room containing all your important documents and extremely precious assets.
Would you be comfortable in sharing its access to all?
Or would you prefer to keep it safe, closed, and accessible to only you?Chances are even that you will set a monitoring system for it too.
This is exactly why and how privileged user monitoring is needed and works in organizations too.What Do You Mean by Privileged Access?In this process, some have access to the organization’s most crucial data.
This is often the most sensitive and vital information of the organization and needs some monitoring while accessing so as to avoid any unauthorized access and threat.
Over a million people across the globe become victims of cybercrime daily.
What is more alarming about the situation is that, despite taking numerous precautionary measures, hackers manage to evolve and use advanced techniques to break into systems and illegally access critical data.pHaving said that, you have every reason to worry about the confidentiality of your business-critical/customer data.
Over the years research reports on cybercrimes suggest most of the data breach that occurs is related to debit and credit cards.
This is why the PCI SSC Council was incorporated and the PCI DSS standards were set in 2006 to strengthen information security and secure customer data.
Read the full article here:- How does PCI DSS impact Banking
