February 01, 2018 – Fresenius Medical Care North America (FMCNA) recently agreed to a $3.5 million OCR settlement
following allegations that it committed HIPAA violations on five different occasions at separate FMCNA covered entities. FMCNA provides product and services for individuals with chronic kidney failure, and has a network including dialysis facilities, outpatient cardiac and vascular labs, urgent care centers, hospitalist, and post-acute providers.
Remember when doctors used to make house calls? Thanks to emerging healthcare IT solutions, patients can once again speak with their physicians and even have a face-to-face consultation right from the comfort of their own homes. But that’s only the beginning.
What is telehealth?
According to the American Telemedicine Association, telehealth encompasses a range of services, from health monitoring and patient consultation to the transmission of medical records. It’s more broadly defined as any electronic exchange of health information. A growing number of healthcare organizations have embraced telehealth because of the benefits it provides to patients and clinicians.
Healthcare cybersecurity breaches can be devastating, but there are resources available to help you prevent cybersecurity attacks and develop best practices. Is your healthcare organization using all of the cybersecurity resources at its disposal to prevent a breach?Hospital officials know the importance of preparing for healthcare cybersecurity breaches, not just for HIPAA compliance but also to avoid the costly disruptions and damage that can be caused by cyberattacks.
If you want to understand what’s happening with artificial intelligence (AI) and cybersecurity, look no further than this week’s news.
On Monday, Palo Alto Networks introduced Magnifier, a behavioral analytics solution that uses structured and unstructured machine learning to model network behavior and improve threat detection. Additionally, Google’s parent company, Alphabet, announced Chronicle, a cybersecurity intelligence platform that throws massive amounts of storage, processing power, and advanced analytics at cybersecurity data to accelerate the search and discovery of needles in a rapidly growing haystack.
Identity theft continues to be a serious issue for individuals and businesses. According to Javelin Research’s 2016 Identity Theft Study, $15 billion was stolen from 13.1 million individuals in 2015 (Al Pascual, Kyle Marchini, and Sarah Miller, “2016 Identity Fraud: Fraud Hits an Inflection Point,” Feb. 2, 2016, http://bit.ly/2fWJgco). For businesses, data breaches can compromise customers, clients, and employees; furthermore, it has been estimated that 90% of data breaches impact small businesses (“Small Businesses: The Cost of a Data Breach is Higher than You Think,” First Data Market Corporation, http://bit.ly/2gQCl1Z). In light of these statistics, it is essential for CPAs to address the financial and tax issues related to individual identity theft as well as compromised business data that can translate into identity theft for customers, clients, and employees.
Rich Campagna is the CEO of Bitglass. He previously served as senior director of product management at F5 Networks. Beneath everyday web traffic, there’s a fierce battle raging for the security of the Internet. On one side are the villains; cyber criminals ranging from thrill-seeking amateurs to nation states. On the other side are the cybersecurity professionals, including researchers and analysts, all of whom seek to protect data.
Hackers are targeting app stores from the likes of Apple and Google with malicious cryptocurrency apps to steal money and personal data, according to a study. Researchers at cybersecurity firm RiskIQ analyzed more than 18,000 apps to detect ones that are blacklisted by cybersecurity vendors. Their research found that 661 blacklisted cryptocurrency apps were found across 20 app stores including Apple’s App Store, Google Play and others.
In short, PSD2 enables bank customers, both consumers and businesses, to use third-party providers to manage their finances. In the near future, you may be using Facebook or Google to pay your bills, making P2P transfers and analyse your spending, while still having your money safely placed in your current bank account. Banks, however, are obligated to provide these third-party providers access to their customers’ accounts through open APIs (application program interface). This will enable third-parties to build financial services on top of banks’ data and infrastructure.