Colleen wk 3 discussion
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School
San Francisco State University *
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Course
281
Subject
Health Science
Date
Nov 24, 2024
Type
docx
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1
Uploaded by Artiscool
Explain the financial implications of the assigned topic to healthcare organizations.
Technology, data privacy, and cybersecurity risks have serious financial ramifications for healthcare firms. According to various surveys and studies, these risks may lead to significant financial losses; cyberattacks in particular can be extremely expensive for healthcare organizations. Safety Detectives conducted research that indicates cyberattacks put significant financial pressure on healthcare businesses and have the potential to cause irreparable losses (Abouelmehdi et al., 2018). Moreover, according to HIMSS' polling of cybersecurity experts in healthcare organizations, 17% reported hacks leading to significant financial losses such as wire fraud, ransom payments, or corporate email intrusions as a direct result. Financial risks associated with data privacy violations can become compounded when they include compensating affected people, paying regulatory fines such as HIPAA
or GDPR penalties, and dealing with reputational damage that causes trust to
decline and credibility to erode.
Discuss at least two strategies that will minimize financial threats to healthcare organizations related to your assigned
topic.
1.
Education and Training: Healthcare professionals need to be provided with training on best practices for data and device security, including how to recognize phishing emails, create strong passwords, upgrade software regularly, report security problems promptly, and maintain an alert staff in case any cyber dangers emerge. Educating healthcare staff members on cybersecurity measures is paramount for keeping patients and devices safe.
2.
Data Usage Rules and Encryption: Implementing stringent data usage rules and encryption measures can help restrict unauthorized
access to sensitive information, including adopting role-based access restrictions, logging user activities, and encrypting data at rest and in transit - these safeguards ensure data security while warding off intrusion attempts (Weber & Kleine, 2020).
References
Abouelmehdi, K., Beni-Hessane, A., & Khaloufi, H. (2018). Big healthcare data: preserving security and privacy.
Journal of Big Data
,
5
(1). https://doi.org/10.1186/s40537-017-0110-7
Weber, K., & Kleine, N. (2020). Cybersecurity in Health Care.
The International Library of Ethics, Law and Technology
, 139–156. https://doi.org/10.1007/978-3-030-29053-5_7
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