Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Risk

Healthcare Security Pros Must Speak More Like CFOs

Financial Impact of Breached Protected Health Information report helps health IT pros make the business case for patient data protection.

As the number of healthcare data breaches continues to snowball, executives put in charge of safeguarding protected health information (PHI) can't keep up with the risks inherent with increased deployment of electronic health records (EHRs) without enough financial backing to get the job done. And the only way that these PHI protectors can squeeze that juice from the C-suite is if they make themselves fluent in the language of financial justification, say authors of a new report on healthcare IT security.

A collaboration between the American National Standards Institute (ANSI), via its Identity Theft Prevention and Identity Management Standards Panel (IDSP), in partnership with the Santa Fe Group/Shared Assessments Program Healthcare Working Group, and the Internet Security Alliance (ISA), the free report, The Financial Impact of Breached Protected Health Information, took input from 100 healthcare leaders from 70 organizations. It was the culmination of a yearlong initiative called the PHI Project.

According to Rick Kam, president and co-founder of ID Experts and chair of the PHI Project, the team hopes to establish the document as the go-to resource for security and privacy officers taking a disciplined approach to assessing and mitigating risk of healthcare data breaches. He says that the state of the industry is such that those in charge of securing PHI are crying out for guidance.

"Because of the move toward electronic health records and the number of stakeholders that are now involved in handling our sensitive patient information, the PHI protectors are literally being outpaced in terms of their ability to protect our information," Kam says. "The magnitude and the frequency of healthcare breaches has increased rapidly because of the number of stakeholders and the move to electronic health records. These individuals need help."

One of the biggest ways they need help is in simply how to package PHI security issues in a way that makes sense to CEOs and CFOs. He and his co-authors found that these healthcare security initiatives are drastically underfunded and one of the main reasons is no one knows how to make a case for the cash.

"They basically put the CFO and the CEO to sleep because they're talking compliance, talking costs, and talking about things that are not that interesting to these executives," he said. "What we realized is we have to arm that chief privacy officer with the same tools and business case that speaks in investment language to help them enhance their business cases for things that would enhance privacy and security of protected health information."

Read the rest of this article on Dark Reading.

Healthcare providers must collect all sorts of performance data to meet emerging standards. The new Pay For Performance issue of InformationWeek Healthcare delves into the huge task ahead. Also in this issue: Why personal health records have flopped. (Free registration required.)

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
COVID-19: Latest Security News & Commentary
Dark Reading Staff 11/19/2020
New Proposed DNS Security Features Released
Kelly Jackson Higgins, Executive Editor at Dark Reading,  11/19/2020
How to Identify Cobalt Strike on Your Network
Zohar Buber, Security Analyst,  11/18/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win an Amazon Gift Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-28331
PUBLISHED: 2020-11-24
Barco wePresent WiPG-1600W devices have Improper Access Control. Affected Version(s): 2.5.1.8. The Barco wePresent WiPG-1600W device has an SSH daemon included in the firmware image. By default, the SSH daemon is disabled and does not start at system boot. The system initialization scripts read a de...
CVE-2020-28928
PUBLISHED: 2020-11-24
In musl libc through 1.2.1, wcsnrtombs mishandles particular combinations of destination buffer size and source character limit, as demonstrated by an invalid write access (buffer overflow).
CVE-2020-28994
PUBLISHED: 2020-11-24
A SQL injection vulnerability was discovered in Karenderia Multiple Restaurant System, affecting versions 5.4.2 and below. The vulnerability allows for an unauthenticated attacker to perform various tasks such as modifying and leaking all contents of the database.
CVE-2020-13620
PUBLISHED: 2020-11-24
Fastweb FASTGate GPON FGA2130FWB devices through 2020-05-26 allow CSRF via the router administration web panel, leading to an attacker's ability to perform administrative actions such as modifying the configuration.
CVE-2020-13942
PUBLISHED: 2020-11-24
It is possible to inject malicious OGNL or MVEL scripts into the /context.json public endpoint. This was partially fixed in 1.5.1 but a new attack vector was found. In Apache Unomi version 1.5.2 scripts are now completely filtered from the input. It is highly recommended to upgrade to the latest ava...