Health Information Management

Experian report addresses data breach trends

HIM-HIPAA Insider, December 29, 2014

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Experian identified six data breach trends in its 2015 Second Annual Data Breach Industry Forecast, which highlights anticipated data breach trends for 2015.

 
One of the trends Experian identified for 2015 specifically addressed threats to healthcare organizations. The report states that healthcare breaches are expected to increase in 2015 due to the shift to electronic medical records and the potential economic gain for hackers. Experian recommends that healthcare organizations enhance their security programs and data breach response plans.
 
Other data breach trends Experian identified include:
  • Payment breaches. Card companies will be required to implement EMV “Chip and PIN” technology by October 2015, which is expected to decrease the likelihood of a point-of-sale attack by a hacker. Experian predicts that because the chip and PIN technology has been made public, hackers may have time to identify chip and PIN vulnerabilities before the technology is implemented. This may lead to a sense of false security among consumers.
  • Cloud breaches. Experian predicts an increase in cloud breaches in 2015, resulting in the loss of usernames, passwords, and other data stored on the cloud. To combat this, Experian recommends that organizations develop an incident response plan that provides a way to reset passwords on a large scale.
  • Shifting accountability. Cyber attacks have shifted from an IT issue to an enterprise-wide issue. Business leaders are now held responsible for breaches. As a result, Experian recommends that leaders in the C-suite get involved in data breach preparedness and response.
  • Employee errors. The report states that the majority of breaches are caused by a company’s employees, whether it be a malicious attack or human error. Experian urges organizations not to overlook the potential for breaches caused by employees and recommends implementing regular security training.
  • Third-party breaches via the Internet of Things (IoT). Vulnerabilities will increase as companies look to leverage the IoT to gather, store, and process data. Experian recommends that organizations using the IoT have sound risk management processes and assess the security of third-party vendors.
This article originally appeared on HCPro’s HIPAA Update blog. Stay up to date on all things HIPAA by signing up for e-mail updates from this blog.

 



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