need for healthcare organizations to educate their employees about the importance of data security .
When it comes to healthcare data security , compliance with laws and regulations is of the utmost importance . Several federal and state laws govern healthcare data security , including HIPAA ( Health Insurance Portability and Accountability Act ) and GDPR ( General Data Protection Regulation ). In the US , organizations that fail to comply with HIPAA can face significant fines and , in some cases , criminal charges . For example , in 2018 , Anthem Inc . agreed to pay $ 16 million to settle potential HIPAA violations that resulted from a data breach in 2015 , which exposed the personal
information of nearly 79 million people .
Organizations that fail to comply with GDPR in Europe can face significant fines , up to 4 % of their global annual revenue or € 20 million ( whichever is higher ). For example , in 2019 , British Airways was fined £ 183m ($ 230m ) for a data breach that exposed the personal data of half a million customers .
In addition to fines , non-compliance with healthcare data security regulations can have profound implications for businesses . For example , organizations that fail to comply with HIPAA or GDPR may lose the trust of their customers , which can lead to a loss of business . They may also face legal action from patients
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BioVoiceNews | February 2023