2016 could bring an increase in healthcare data-breach fines

Sloppy cybersecurity can be expensive


A record-breaking $5.55 million settlement with one of the nation's biggest healthcare systems related to data breaches is just the latest of several similar big settlements since late 2015, according to an article on the CNBC website.

Those high dollar amounts are in the top 10 of data-breach settlements ever obtained by the U.S. Health and Human Services Department.

Since last November, HHS's Office for Civil rights has obtained more than $16 million in settlements from just five entities related to electronic patient data breaches.

"It's accelerating," said Bill Ho, CEO of Biscom, a provider of secure document delivery solutions. "We're going to see some big fines coming down the pike, for sure. This won't be the biggest for long."

Read the article.

 

 



August 16, 2016


Topic Area: Security


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