Medical Data Breaches: Game-changing for Health Information ...

medical fraud

Mar 26 2014 by
While cyber crime continues to grow across industries, medical identity theft and medical data breaches are rising at a disproportionate rate. And though all identity theft can result in catastrophic damage to consumers’ financial wellbeing, medical identity theft may affect their physical health as well. Consumers are aware of the risks, too. In a recent Ponemon Institute study sponsored by Experian® Data Breach...

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Cyber security: a key topic at 2013 HCCA Conference...

medical fraud

Apr 26 2013 by
The 17th annual Health Care Compliance Association (HCCA) Compliance Institute Conference took place in National Harbor, MD and was attended by healthcare personnel and data protection and security professionals.  Key topics covered in various panels related to cyber security issues including medical identity theft, data breaches and patient health information (PHI) protection as dictated in the recently released HIPAA...

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Secure your outsourcing practices to prevent data breaches...

medical fraud

Apr 15 2013 by
Outsourcing can be risky business. The Ponemon Institute reports that 65% of companies who outsourced work to a vendor have had a data breach involving consumer data and 64% say it has happened more than once.  Their study, Securing Outsourced Consumer Data, sponsored by Experian® Data Breach Resolution also found that the most common cause for breaches were negligence and lost or stolen devices. Despite the gravity of...

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Little progress made in the prevention of medical data breac...

medical fraud

Jan 01 2013 by
Since stricter regulations were imposed in 2009, the healthcare industry’s track record on patient data protection and security has made very little improvement according to the latest study from Health Information Trust Alliance (HITRUST)1.  The study reports that from 2009 to the first half of 2012, there have been 495 medical data breaches involving 21 million records costing roughly $4 billion.  Government...

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Feds seek remedies for medical identity theft...

medical fraud

Nov 13 2012 by
As medical data breaches continue to spike, the federal government is seeking remedies to try and prevent medical identity theft.   Nearly 21 million Americans are at risk of having their medical identities stolen after having their healthcare records exposed in data breaches.1 And that’s just since September 2009, when a new breach notification rule took effect and the U.S. Department of Health and Human Services...

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Three things you should never do to identity theft victims...

medical fraud

Aug 21 2012 by
Medical identity theft is no longer some obscure phrase spoken primarily in data security circles. It’s quickly becoming a household term for millions of Americans who’ve become a victim or know someone victimized by identity theft. In fact, 90% of the respondents in a recent study knew the definition of medical identity theft this year, compared with 77% last year, according to the Ponemon Institute. Awareness...

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Vigilance is still the best medicine for avoiding medical id...

medical fraud

Jun 26 2012 by
  The latest Ponemon Institute Medical Identity Theft survey reflects the classic good news, bad news scenario. The good news is that more consumers understand how medical identity theft happens, and the importance of checking healthcare invoices and records for accuracy. The bad news is that the victim count has hit an all-time high (nearly 2 million annually), while breach frequency and financial damages continue to...

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Healthcare breaches & fraud are here to stay...

medical fraud

May 15 2012 by
Don’t expect medical breaches and healthcare fraud to drop off the radar anytime soon. Here’s why. First, the number of breaches in the industry is still escalating. In 2011, healthcare breaches occurred 32% more frequently than in 2010.1 Second, the profitably of medical records on the black market is high – 192% more profitable than Social Security numbers. Estimates put the former at $50 and the latter at...

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Medical and mobile: Convenience trumps security...

medical fraud

May 02 2012 by
Say goodbye to bulky manila folders. Today’s healthcare organizations are zipping through medical histories and writing prescriptions using mobile devices. But the new found convenience hasn’t been without cost – not just in implementing new systems and tools but in losing data when security measures aren’t implemented too. A recent study suggests that adopting new technology is a far greater priority than...

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