GRC Prescription Stat: Why healthcare cyber security will stop your heart.

Lazarus Alliance unveils the next generation GRC technology for healthcare cyber security crime prevention.

With nearly 84% of data losses attributed to healthcare cyber security, Lazarus Alliance released the next generation antidote to fight compliance failures, corporate fraud and criminal cyber-misconduct with the IT Audit Machine (ITAM).

GRC Prescription Stat - Why healthcare cyber security will stop your heart.

According to the Identity Theft Resource Center out of the reported 177 cyber security breaches recorded this year a whopping 83.1% are associated with healthcare. When cyber criminals spend an average of 200 days inside your company before being discovered, this percentage is going to get far worse.

It may seem as though the bad guys are winning and the good guys don’t stand a chance but it’s just that the good guys are not using the right tools. Considered to be the best assessment tool for governance, risk and compliance (GRC) in the global business community, this next generation of ITAM ups the ante by managing big data and frameworks with virtually endless possibilities. These new enterprise capabilities coupled with the already powerful analytic and logic features are a technological force to be reckoned with.

Michael Peters, CEO of Lazarus Alliance said “When about 96% of cybercrime is avoidable by taking an intelligent GRC approach, healthcare companies must partner with the right providers who bring to bear the right solutions. The IT Audit Machine HIPAA regulations and compliance assessment modules are just one of the many innovations from Lazarus Alliance that really sets us apart from competing firms.”

HIPAA regulations are complex and expertise in deciphering this regulatory mystery is in short supply which is one reason ITAM is such a great solution. We removed the guesswork from compliance completely. With intuitive and guided questionnaires you cannot make mistakes and missteps putting your company at risk.

Gone are the days where audits, assessments and compliance work was overshadowed by endless spreadsheets, version control madness, escalating costs and audit anarchy. The IT Audit Machine puts the power of technology, collaboration and simplicity to work for the entire enterprise and does it in a progressive, proactive way.

Cyber-crime prevention is of paramount concern to organizations of all sizes, all industries and on all parts of the world. Lazarus Alliance put its extensive experience in cybercrime and fraud prevention in the governance, risk and compliance (GRC) spaces to work for the global business community.

“Healthcare providers globally are under increasing attack by cyber criminals and current trends show this trajectory exponentially increasing further still. Lazarus Alliance is proactive cyber security with our HIPAA compliance and assessment automation modules.” said Peters.

Lazarus Alliance’s primary purpose is to help organizations attain, maintain, and demonstrate compliance and information security excellence, in any jurisdiction. Lazarus Alliance specializes in IT security, risk, privacy, governance, cyberspace law and compliance leadership solutions and is fully dedicated to global success in these disciplines.

Learn more about Lazarus Alliance and why Lazarus Alliance is Proactive Cyber Security™!

Building on Success: Next Generation HIPAA Regulations Assessment Technology Unveiled

Lazarus Alliance unveils the next generation of cyber-crime prevention for healthcare HIPAA regulations.

Lazarus Alliance released the next generation antidote to fight cyber crime, compliance failures, corporate fraud and criminal cyber-misconduct with the IT Audit Machine (ITAM).

Building on Success: Next Generation HIPAA Regulations Assessment Technology Unveiled

Considered to be the best assessment tool for governance, risk and compliance (GRC) in the global business community, this next generation of ITAM ups the ante by managing big data and frameworks with virtually endless possibilities. These new enterprise capabilities coupled with the already powerful analytic and logic features are a technological force to be reckoned with.

Michael Peters, CEO of Lazarus Alliance said “The IT Audit Machine HIPAA regulations and compliance assessment modules are just one of the many innovations from Lazarus Alliance that really sets us apart from other cyberspace Security, governance, risk and compliance firms.”

Gone are the days where audits, assessments and compliance work was overshadowed by endless spreadsheets, version control madness, escalating costs and audit anarchy. The IT Audit Machine puts the power of technology, collaboration and simplicity to work for the entire enterprise and does it in a progressive, proactive way.

Cyber-crime prevention is of paramount concern to organizations of all sizes, all industries and on all parts of the world. Lazarus Alliance put its extensive experience in cybercrime and fraud prevention in the governance, risk and compliance (GRC) spaces to work for the global business community.

“Healthcare providers globally are under increasing attack by cyber criminals. These criminal acts could have been prevented through a proactive cyber security position. Lazarus Alliance is proactive cyber security with our HIPAA compliance and assessment automation modules.” said Peters.

Lazarus Alliance’s primary purpose is to help organizations attain, maintain, and demonstrate compliance and information security excellence, in any jurisdiction. Lazarus Alliance specializes in IT security, risk, privacy, governance, cyberspace law and compliance leadership solutions and is fully dedicated to global success in these disciplines.

Learn more about Lazarus Alliance and why Lazarus Alliance is Proactive Cyber Security™!

What is HIPAA Compliance?

Confused about HIPAA and HIPAA compliance? This article will explain HIPAA and the importance of complying with this complex federal law.

What is HIPAA?

HIPAA is the Health Insurance Portability and Accountability Act of 1996, which was signed into law by President Bill Clinton. The HITECH Act, which was signed by President Obama in 2009, updated HIPAA by outlining rules and penalties regarding breaches of private health information (PHI).

Among other provisions, HIPAA mandates that security measures be taken to protect PHI. HIPAA is split into five sections, or titles. HIPAA Title II, which is known as the Administrative Simplification provisions, is what most information technology (IT) professionals are referring to when they speak of “HIPAA compliance.”

HIPAA Compliance? If your organization is not HIPAA compliant, and a breach of PHI occurs, the penalties can be severe, as can be the public relations fallout for your organization.

Who must be HIPAA compliant? Does this only apply to doctors’ offices and hospitals?

HIPAA rules apply to two groups of organizations, known as “covered entities” and “business associates.”

A “covered entity” is one of the following:

  • A healthcare provider, such as a doctor’s office, pharmacy, nursing home, hospital or clinic that transmits “information in an electronic form in connection with a transaction for which HHS has adopted a standard.”
  • A health plan, such as a private-sector health insurer, a government health program such as Medicaid, Medicare, or Tricare, a company health plan, or an HMO.
  • A “healthcare clearinghouse,” which is an entity that processes health information received from another entity, such as a billing service or a community health information system.

A “business associate” is a person or an organization that performs tasks that involve the use or disclosure of PHI, such as:

  • Laboratory facilities
  • CPAs, attorneys, and other professionals with clients in the healthcare industry
  • Medical billing and coding services
  • IT providers, such as cloud hosting services and data centers, that are doing business in the healthcare industry
  • Subcontractors and the business associates of business associates must also comply with HIPAA rules.

What does HIPAA compliance entail?

The Administrative Simplification provisions in HIPAA Title II are split into five rules, including the HIPAA Privacy Rule and the HIPAA Security Rule.

The HIPAA Privacy Rule establishes national standards to protect PHI. It applies to all forms of records – electronic, oral, and written – and requires employers to implement PHI security procedures and ensure that all employees are trained on them. The HIPAA Security Rule applies to electronic protected health information (ePHI). It establishes national standards to protect ePHI and requires entities to implement administrative, physical, and technical safeguards of ePHI.

What happens if I’m not HIPAA compliant and a data breach occurs?

If your organization is not HIPAA compliant, and a breach of PHI occurs, the penalties can be severe, as can be the public relations fallout for your organization. You will be required to notify all affected patients of the breach, and this publicity could do irreparable damage to your organization’s reputation. Your organization could also face fines in excess of $1 million – and, in some cases, even criminal penalties.

What can I do to ensure that my organization is HIPAA compliant?

Lazarus Alliance believes that the best defense against a PHI breach is a good offense – and HIPAA requires that covered entities and business associates take a proactive approach to protecting patient data. In light of the financial penalties and potential PR nightmare associated with breaches of sensitive personal medical information, HIPAA compliance is serious business.

HIPAA is a voluminous, complex law, and many organizations are baffled regarding where to begin with their HIPAA compliance. Thankfully, the HIPAA compliance experts at Lazarus Alliance are here to help. We offer comprehensive HIPAA Audit, HITECH, NIST 800-66 and Meaningful Use Audit services to help you evaluate your existing HIPAA protocols and establish new ones. Lazarus Alliance’s proprietary IT Audit Machine (ITAM), which is fully HIPAA compliant; it helps eliminate 96% of cybercrime and nearly 100% of the headaches associated with compliance audits.

Lazarus Alliance offers full-service risk assessment and risk management services helping companies all around the world sustain a proactive cyber security program. Lazarus Alliance is proactive cyber security®. Call 1-888-896-7580 to discuss your organization’s cyber security needs and find out how we can help you with HIPAA Compliance.