COLUMBUS, August 2, 2021 – Buckler, a Cyber Program Management System provider adds the complete profile of HIPAA cybersecurity regulations into the platform. Different industries have established regulations in place to guide companies in improving their information security strategy and cyber programs. Non-compliance with regulations can result in fines, data breaches, and reputational and financial loss.
The HHS.gov site outlines that, “The Health Insurance Portability and Accountability Act of 1996 (HIPAA) required the Secretary of the U.S. Department of Health and Human Services (HHS) to develop regulations protecting the privacy and security of certain health information. To fulfill this requirement, HHS published what are commonly known as the HIPAA Privacy Rule and the HIPAA Security Rule. The Privacy Rule, or Standards for Privacy of Individually Identifiable Health Information, establishes national standards for the protection of certain health information.”
The Department of Health and Human Services Office for Civil Rights (OCR) oversees compliance of HIPAA regulations. They fine healthcare organizations and other industries using healthcare data and their employees for violations of HIPAA and its amendments.
The way organizations can prevent HIPAA violations is to ensure they consistently educate, train and follow security best practices. Understanding regulations, and creating a strong cyber program to adhere to updates, communicate across the organization and set alerts and responsibilities becomes key to successful compliance.
Buckler has a Financial Services focus today. HIPAA was added as many Financial Advisors often require, and access, health information about clients. The addition of the HIPAA regulation sets Buckler up to easily expand across other industries.