“We’ve been hacked.”
That’s something no company director wants to hear. But in the medical industry, it can be even more severe. Data breaches can be costly; HIPAA violations add a whole other level to the costs. Over $19 million was paid out in HIPAA fines alone in 2017, with fees already reaching $8 million in 2018.
Of course, money isn’t the only thing you can lose in the process.