Healthcare companies are facing increasing levels of scrutiny over the last few years. Compliance for healthcare companies now covers a wider scope of aspects—bringing in healthcare providers, third, and fourth-party vendors that work with health care providers under its purview. According to research by the Ponemon Institute published by IBM, the average cost of healthcare…
The healthcare industry has consistently been the top recipient of data breaches for the last 12 years. This fuels the necessity to implement stringent laws such as the Health Insurance Portability and Accountability Act (HIPAA). Entities that handle sensitive patient data can enforce the requirements of this law using a HIPAA compliance software. In this…
![Healthcare Cyber Security [How to Implement + Best Practices Checklist]](https://sprinto.com/wp-content/uploads/2023/07/Featured-2-1-768x352.jpg)
In October 2021, a Japanese hospital was forced to shut down operations for months. Malicious actors encrypted medical data of 85,000 patients and threatened to leak it unless ransom was paid. This is not an isolated incident – businesses depend on the cloud to accelerate workflow but don’t secure it unless an incident occurs. Cybercriminals…
![HIPAA Certification Cost [Updated 2023]](https://sprinto.com/wp-content/uploads/2023/07/Featured-Image-1-768x352.jpg)
The most common HIPAA budgeting mistakes include underestimating the costs of certification, overlooking the need and costs of ongoing compliance and not updating budgets regularly. This in turn poses a challenge for founders to balance HIPAA certification costs with other business priorities. From preliminary prep work to audit expenses and post-audit maintenance, the costs can…
HIPAA and HITRUST are two standards often used interchangeably in the healthcare industry. Despite having overlapping requirements and the same goal – to secure protected health information (PHI), their applicability differs in many ways. This raises the question: which is right to secure data in the healthcare industry? Which makes more sense for my type…
The United States’ Health Insurance Portability and Accountability Act is touted as one of the most stringent healthcare legislations in the world. And with good reason. It standardizes the best practices to protect patient information and vests individuals with legal rights to enforce them, making the healthcare industry accountable. It, therefore, becomes imperative for cloud-hosted…
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