HIPAA, which is the Health Insurance Portability and Accountability Act of 1996, is United States legislation and makes security provisions for the safeguarding of medical records information. HIPAA was passed as a security cover for the PHI or Protected Health Information and was to put all the physical, administrative and technical things in place with the provision for data privacy, information integrity, and accessibility. HIPAA is enforced by the ‘Health and Human Services Office of Civil Rights’ department. HIPAA security is of utmost importance for healthcare centers and its closed associates, who deal with the sensitive patient healthcare records.
HIPAA provides for some security features to protect the medical records and the health information of patients that are as follows:
The average cost for HIPAA implementation in an enterprise is approximately $6 million if the fine applied by OCR is excluded. Non-compliance in itself causes huge losses to the enterprise in the form of finance, lawsuits from the affected parties and breach notification costs. The other major challenges include the loss of reputation in the market with gradual decrease in the customer trust. If data is to be secured and HIPAA compliance is to be achieved, then it is better that enterprises go in for some good CASB solutions provided by some eminent Cloud Access Security Broker that is known for its quality and that provides an additional security layer, so that any unauthorized access is prevented; thus reducing the data breach risks.