Privacy breaches have been escalating in the healthcare industry at an alarming rate. Industry experts estimate the annual cost of those breaches to be over $5.6 billion. It’s clear that being non-compliant with data privacy and security laws can be expensive, not only in financial terms but in the loss of public goodwill as well.
On the flip side, implementing strong data security measures like identity and access management and single sign-on can do more for the hospital than simply deter hackers and snooping employees from capitalizing on privileged information. This whitepaper outlines how adopting a holistic strategy for preventing data breaches can transform a good hospital into a model of excellence for the healthcare industry.