Information Security Risk Assessment for Healthcare

HIPAA

In recent years, massive data breaches have made headlines all over the United States. It has become clear that businesses large and small do not give enough attention to information security.

The healthcare industry is particularly vulnerable to criminal attacks due to the incredible value of personal health information. Today, personal health information sells at a higher dollar value than credit card numbers. Personal health information is used for a wide range of nefarious purposes, from forging prescriptions for drugs to identity fraud, and even launching fraudulent lawsuits.

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With the healthcare organizations creating, transmitting and storing massive amounts of personal health information, they are prime targets for hackers. And due to a lack of resources, processes, and technologies that protect that information, they are easy victims.

Any exposure of personal healthcare information is subject HIPAA and can result in civil or criminal penalties.

HIPAA Violation

Minimum Penalty

Maximum Penalty

Individual did not know (and by exercising reasonable diligence would not have known) that he/she violated HIPAA

$100 per violation, with an annual maximum of $25,000 for repeat violations (Note: maximum that can be imposed by State Attorneys General regardless of the type of violation)

$50,000 per violation, with an annual maximum of $1.5 million

HIPAA violation due to reasonable cause and not due to willful neglect

$1,000 per violation, with an annual maximum of $100,000 for repeat violations

$50,000 per violation, with an annual maximum of $1.5 million

HIPAA violation due to willful neglect but violation is corrected within the required time period

$10,000 per violation, with an annual maximum of $250,000 for repeat violations

$50,000 per violation, with an annual maximum of $1.5 million

HIPAA violation is due to willful neglect and is not corrected

$50,000 per violation, with an annual maximum of $1.5 million

$50,000 per violation, with an annual maximum of $1.5 million

At Advantage Technology, we’re dedicated to addressing this problem and help healthcare providers keep their information safe and secure. To that end, we have developed the Information Security Risk Assessment.

The Information Security Risk Assessment is Advantage Technology’s premier information security product. It is a comprehensive process that our security team will undertake to survey your IT infrastructure, identify security vulnerabilities and recommend hardware, software, and policies to ensure information security.