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Posted by: Fred Pennic

Cost of HIPAA Violations

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Security breaches have increased over 32% over the past year in healthcare organizations costing an estimated 6.5 billion dollars annually according to a study by the Ponemon Institute.

Infographic: Cost of HIPAA Violations
Infographic by TastyPlacement
Submitted by Fred Pennic

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November 9, 2012

Shriram Parthasarathy says:

The present-day healthcare spends are towards minimizing wastage and streamlining all the processes by chucking out the add-ons. HIPAA adherence is critical and the spiraling expenditure towards rectifying
errors, some of them as dangerous as fishing for patient records on the open web is just not acceptable. We’re achieving nothing in spite of massive budget allocations.

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