If you’re a small business, you might think cyber criminals focus on the big fish, but the reality is that 81 percent of breaches occur in small- and medium-sized businesses. It might also surprise you that many come from internal sources like third-party contractors or current and former employees. Within healthcare, HIPAA violations can cost millions—with penalties that can run more than $50,000 per violation. Perhaps most critical is loss of credibility and trust when confidential information is compromised.
There are many standards you must comply with to secure the assets of you and your customers. The two most common are PCI and HIPAA.
The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements designed to ensure that all companies that process, store or transmit credit card information maintain a secure environment. PCI applies to any organization or merchant, regardless of size or number of transactions, that accepts, transmits or stores any cardholder data.
HIPAA is the Health Insurance Portability and Accountability Act and sets the standard for protecting sensitive patient data through electronic billing and other processes. It requires that any company dealing with protected health information (PHI)—including healthcare providers, emergency medical clinics, dental offices, nursing homes, as well as business associates that include IT service providers, shredding companies, documents storage companies, attorneys, accountants, collections agencies and more—meet HIPAA compliance rules and ensure that all required physical, network and process security measures are in place and followed.
Are you prepared to answer specifics on a moment’s notice regarding how facility doors are locked, firewall information, how faxes are managed, and whether servers are on-site, in a data center, or in the cloud?
Identifying gaps in your ability to meet PCI and HIPAA requirements, closing those gaps, staying current and adapting to on-going requirement changes can be overwhelming. Framework Communications is well-acquainted with PCI and HIPAA, what’s required around how you collect, store and transmit information, the risks and consequences of violations, and how to get you in compliance—and keep you there.
Count on us to simplify compliance efforts, reduce costs and improve
business efficiency as we: