In this digital age, data is considered the most valuable resource in the world. Individuals and companies from varying industries now incorporate it as key drivers in their operations, with some even handling confidential information 24/7.
In fact, according to a Varonis Global Data Risk Report, about 53% of companies have more than 1,000 classified documents open for access to every employee in the firm, and 534,465 sensitive data files are present in an average business.
Because of this, it’s only vital for organisations to implement cybersecurity protocols to ensure these data assets are collected, accessed, and stored properly for the benefit of all parties involved. And with today’s increasing number of cybercrimes, everyone should be on high alert. Fortunately, there are government agencies that set policies to help regulate data security.
HIPAA and Its Importance
The Health Insurance Portability and Accountability Act (HIPAA) is a federal law that helps safeguard sensitive health information from being used and disclosed without the patient’s consent or knowledge.
This legislation established in 1996 paved many national standards, especially in the medical and insurance industry, that aim to balance data flow and privacy from people seeking high-quality health care.
While no business hopes for a data breach incident, HIPAA becomes a governing set of rules that organisations follow to protect personal information and health reports and to hold them accountable if they fail to do so.
Patients who actively monitor their medical status reap the greatest benefits of HIPAA compliance, as it allows them complete control over how their data is utilised, transmitted, or recorded. Likewise, companies also bag several important HIPAA benefits that contribute to their daily operations.
Since HIPAA-covered entities create streamlined functions using the same code sets and identifiers, transferring paper documents to electronic copies of health information becomes more accurate, efficient, and secure.
Suppose your business plans to subcontract data processes to a vendor. In that case, it will be in your team’s best interest to collaborate with a HIPAA-compliant outsourcing partner that will value the privacy of your resources. Having a business associate with a reputable track record will ensure that strict guidelines are placed to ensure the confidentiality of information.
Power Your Business With a HIPAA-Certified Partner
Power your business with a HIPAA-certified partner! More essential than ever, the demand for medical services is at an all-time high due to the global pandemic. Making the most out of this situation are cybercriminals who actively break security measures and steal large amounts of personal healthcare information for profit every chance they get.
Aside from upholding the placed cybersecurity controls in your business, teaming up with a HIPAA-certified company can ultimately increase the level of compliance in safekeeping your organisation and customers’ most relevant asset—data.
The good news is, Select VoiceCom is now a HIPAA-certified organization. By undergoing a strict accreditation process, our company guarantees that your needs are met and that your resources are kept away from unauthorized personnel. Get in touch with us to learn more about our services.