A record-breaking $5.55 million settlement with one of the nation's biggest healthcare systems related to data breaches is just the latest of several similar big settlements since late 2015, according to an article on the CNBC website.
Those high dollar amounts are in the top 10 of data-breach settlements ever obtained by the U.S. Health and Human Services Department.
Since last November, HHS's Office for Civil rights has obtained more than $16 million in settlements from just five entities related to electronic patient data breaches.
"It's accelerating," said Bill Ho, CEO of Biscom, a provider of secure document delivery solutions. "We're going to see some big fines coming down the pike, for sure. This won't be the biggest for long."
Texas Law Limits Backup Power Mandates for Senior Care Facilities
Cyber Crossfire: Why Healthcare Is Becoming a Battleground in Global Conflicts
UPMC Presbyterian Receives $65 Million Gift for New Bed Tower
Premier Health Partners Falls Victim to Cyber Incident
Backup Power's Expanding Role in Emergency Preparedness for Healthcare