Health-care organizations face countless challenges in maintaining compliance with regulations, as well as securing their data, particularly sensitive data that contains customer and/or patient information. Due to the nature of the information they store, they are prime targets for cyber criminals, as was illustrated by the devastating Anthem, Inc., data breach last year. With an onslaught of cyber attacks, regulatory enforcement and the industry’s highly litigious environment, the problem is becoming exceedingly difficult to shoulder.
While these risks impact companies in virtually any industry, health-care organizations in particular are under extra pressure. They face regulatory scrutiny to preserve much of their data for long periods of time—data volumes that are increasing 40-60 percent year over year according to Gartner, Inc. Laws such as HIPAA (Health Insurance Portability and Accountability Act) require that, in addition to data preservation, health-care organizations must maintain security and privacy of their customers’ private data and personally identifiable information (PII). Earlier this year, the U.S. Department of Health and Human Services’ Office for Civil Rights struck two institutions with fines of $1.55 million and $3.9 million for HIPAA violations.
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