HealthIT Answers September 7, 2024
By Art Gross, President and CEO, HIPAA Secure Now!
In a field where every decision impacts patient care and your bottom line, finding cost-saving strategies is essential. Have you considered that regular Security Risk Assessments (SRAs) could not only protect your patients but also keep your practice financially sound?
Understanding the Financial Impact of Data Breaches
Data breaches in healthcare are not just a security nightmare – they’re a financial disaster. Small healthcare organizations with fewer than 500 employees faced an average data breach cost of $3.31 million in 2023, a 13.35% increase from the previous year.
How SRAs Prevent Costly Breaches
Early Detection
SRAs identify vulnerabilities before they can be exploited, preventing potential breaches.
Targeted Improvements
By pinpointing specific weaknesses, SRAs...
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