Friday, May 3, 2013

Health Data Breach Correlates With Fraud Cases

If you received a data breach notification in 2012 you're at risk for becoming a fraud victim (US residents). According to a Javelin Strategy and Research report, approximately 1 in 4 were victims, up from 1 in 9 just 2 years ago.

The report points out that criminals are becoming increasingly adept at using information from breaches of huge stores of healthcare data to commit identity fraud.

"There is an increasing correlation between being a data breach victim and being a fraud victim."
- Alphonse Pascual, Senior Analyst of Security, Risk and Fraud, Javelin Strategy and Research
Mr. Pascual asks "It's time for a change in how we protect ourselves and each other from data theft and fraud, who’s with me?" Veriphyr agrees.

One method to protect data from insider theft is proactive privacy breach detection using low-cost on-demand SaaS analytics services.

Download a white paper on patient privacy breach detection. Learn how to proactively identify unauthorized breaches of patient data privacy, even by authorized users - with no hardware and no on-site software.
Sources:
(a) Report Finds Correlation Between Health Data Breaches, Fraud Cases - iHealthBeat,04/30/2013
(b) Financial Pain Ensues When Custodians of Health Fail to be Good Stewards of Privacy - Javelin Strategy and Research, 04/28/2013

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