Compliance Standards

What with the constant and evolving threat of cybercrime, it’s become more crucial than ever for organizations to protect their proprietary and customer data. Over the past year, the average cost of cybercrime for an organization has increased from $1.4 million to $13.0 million, and the average number of security breaches rose by 11 percent, from 130 to 145. Knowing this threat, HITRUST self-assessments are one of the most important ways you can prevent security breaches and maintain HIPAA compliance.

Businesses in the healthcare sector are attractive targets for cybercrime. Storing millions of clients’ sensitive medical and financial records makes an accidental or targeted data breach extremely harmful for consumers. Plus, attackers can also target companies’ own abundant assets via direct theft, fraud, and ransom scams, causing short- and long-term damage. Given all this risk, the benefits of HITRUST certification are undeniable for all healthcare and adjacent businesses.

Are you looking for a way to ensure that your organization is maintaining HIPAA compliance? If so, NIST and HITRUST are security frameworks that can help you uphold compliance, prevent breaches, and avoid non compliance penalties. But many companies get caught up in the debate of HITRUST vs NIST.

Do you have to stick to one or the other? Are they compatible together?