With the increase in the sophistication of cyberterrorists, our world seems to get scarier and scarier each year. In the health-care sector, we have seen Health Insurance Portability and Accountability Act, or HIPAA, security breaches, resulting in payments of fines in the amount of more than $23.5 million in 2016, up from $7 million or $8 million per year in years past. Certainly much of the recent uptick in HIPAA fines and penalties comes from cyberattacks and/or stolen protected health information at the hands of cybercriminals or outright thieves.
To read the full text of this article by Duane Morris partner Neville M. Bilimoria, please visit the Chicago Lawyer website.