The Health Insurance Portability and Accountability Act of 1996 (HIPAA) legislation came into action for Healthcare Industry to protect patients’ medical information in terms of implementing Data privacy and Information Security controls. Even though it is more than twenty years old, it is relevant even today in light of Information Security breaches, Cyber attacks and ransomware. In 2017, there were more than 400 breaches that affected 5.6 million patient records. This underlines the importance for Healthcare Companies to being HIPAA Compliant. Hospitals and individual doctors alike, need to comply with HIPAA for a variety of reasons, including protecting sensitive information and allowing for a transparent system that allows healthcare providers and Organizations to facilitate better Governance.
Confident Governance’s innovative Governance as a Service® Platform allows Compliance to be governed at all times to avoid costly mistakes, whether it is administrative or technical. Non-Compliance to Industry Regulations can not only cost money but also put on stake valuable trust built up over the years. Hence, it is vital to monitor the critical Controls related to HIPAA Compliance with Agility and Efficiency. Administrative and Technological Controls include: Access to Information, Security Training, Delegated Security Responsibility, Security Standard, Evaluation and Contingency plans, Audit Control, Data Integrity (ePHI information), Security Control (encryption) and Access (unique id, automatic logoff, etc..).
As with all Regulations, there has to be Transparency and Accountability for all processes that are linked to complying with laws. It is also important to consider that the System in place can be subjected to an external, independent Audit. A major reason for Cyber Threats across any Industry Vertical, is the absence of an articulated Information Technology Governance strategy. So, how can Confident Governance help with addressing these challenges?
Confident Governance provides customized solutions to unique Business’ requirements and enables
- Agile Compliance for multi-dimensional Regulatory Compliance.
- Agile Policy Management for formulating & implementing Policies at different hierarchy levels.
- Agile Framework for comprehensive & integrated representation of Risks, Rules, Regulations, Policies & Governance.
With the latest in Emerging Technologies like Artificial Intelligence, Big Data Analytics and Cloud Computing, this Cyber Governance platform offers Transparency and Real time Reporting capabilities. All of this into an Agile, Mobile, Secure and Scalable platform to assist Risk, Governance and Compliance officers to govern their Processes Anytime, Anywhere and on Any device. At Confident Governance, our mission is to assist Companies worldwide be truly Confident in their Compliance requirements.
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