What Is HIPAA Compliance?
HIPAA establishes a regulatory framework for securing protected health information, which includes patient health, care and financial information. Compliance ensures you meet the federal standards for medical data security and privacy.
The law applies to data in all forms. Cybersecurity is increasingly critical as the healthcare industry largely moves to online data storage and transfer. A data breach in the healthcare industry cost an average of $9.23 million in 2021, with millions of private patient records compromised. While cybercriminals use a range of tactics to infiltrate systems, compliance with HIPAA security requirements can reduce your risk.