While the healthcare payments market handles a massive amount of highly sensitive information daily, many healthcare organizations rely on paper-based processes or legacy technology systems, exposing the data to hackers and thieves. In the following article, InstaMed CTO and Co-Founder Chris Seib outlines this challenge and offers actionable steps to combat this.
The healthcare payments market handles a massive amount of information on a daily basis that includes such highly sensitive items as social security numbers and payment data. Many healthcare organizations rely on paper-based processes or legacy technology systems to transmit this data, which can easily be intercepted by or exposed to hackers and thieves. Any organizations unsure if their data is at risk should assume the worst. 2016 saw more healthcare data breaches than any other year on record.