Types of HIPAA Rules – Benefits & Penalties with HIPAA Rules
A patient’s health and financial information are sensitive. The Health Insurance Portability and Accountability Act, or HIPAA, was passed to safeguard patients’ Protected Health Information (PHI). The rules laid down by HIPAA are federal law and limit the use and disclosure of PHI by healthcare providers and related entities. Failure to adhere to HIPAA rules…
|
Sep 30, 2024
Best Risk Assessment Tools for Managing Cyber Risk
Risk assessment is an activity that helps organizations strengthen their security posture. A well-rounded risk assessment process will help you identify potential risks to your compliance, evaluate risk severity, and minimize their impact on business operations and continuity. It will require more than assessing risk to streamline your security-strengthening process; your organization must also deploy…
|
Sep 29, 2024
HITRUST Compliance Certification: 5 Steps to Follow
For companies in healthcare, obtaining a HITRUST(Health Information Trust Alliance) Certification acts as a benchmark to ensure data protection standards. According to a survey by HIMSS, 81 percent of US hospitals and health systems and 83 percent of health plans utilize HITRUST, making it the widely adopted control framework in the healthcare sector. Today, the…
|
Sep 27, 2024
Understanding GDPR Fines and How to Avoid Them
Since 28 January 2022, data protection authorities have imposed €1.64 billion in GDPR fines across Europe. Such penalties are like roadblocks in any organization’s growth path, as they can significantly impact the company’s revenue and reputation. So, if you’re required to comply with the General Data Protection Regulation, it is essential to understand what exactly…
|
Sep 26, 2024
Best GDPR Compliance Software in 2025
Companies processing, collecting, storing, and accessing personal data are mandated to be GDPR compliant to work with European clientele. Given that it is one of the most challenging data regulatory protocols, using a GDPR compliance software can significantly simplify processes and reduce manual workload. In this article, we’ll go into more detail about some of…
|
Sep 25, 2024
HIPAA Violations Reporting [Steps + Examples]
One of the complexities of navigating HIPAA compliance that organizations find daunting is disclosing violations. However, surprisingly, the covered entities face far fewer consequences for HIPAA violations reporting than the ones failing to report an incident. It saves them from fines, penalties, OCR investigation and raising suspicion among clients and partners. According to a recent…
|
Sep 24, 2024