Data Is Now Worth More Than Oil

Today, we attended the NIST/HHS/OCR HIPAA CyberSecurity Conference.  I have personally wondered when this day would come. Liliana Peters (Senior Advisor, Compliance and Enforcement, HHS Office for Civil Rights) stated that data and PHI are now worth more than oil.

BOOM! There it is. Data is worth more than liquid gold.

It’s time for our industry to really be proactive and ensure our patients’ data is safe. But what can we do to protect our patients and our businesses?

The first thing is to have a Security Risk Assessment. You need to know where your gaps are.

Second is training for your associates. Make sure your associates know your company’s policies and procedures.

Lastly, make sure you have a solid and tested Disaster Recovery and Business Continuity Plan. This is key to being prepared for a Ransomware attack, theft, or natural disaster, and protecting your Legacy.