Healthcare Data Breaches are on the Rise
Hospitals, clinics and healthcare organizations have become a preferred hacker target because of the amount of payment and consumer data being accepted. The 2019 Cost of a Data Breach Report, sponsored by the Ponemon Institute and IBM Security, found that the costliest breaches are experienced by healthcare organizations, with an average mitigation cost of $6.45 million and a per record cost of $429.
PCI-validated P2PE is the gold standard in POS payment security. Cardholder data is immediately encrypted within a P2PE-approved device and encryption is done outside of the healthcare environment. The goal is to prevent clear-text cardholder data from being present in the healthcare payment processing environment, which could otherwise be accessible in the event of a breach.
ShieldConex utilizes Bluefin’s proprietary SAFE™ (Shielded Access Form Element) tokenization and iFrame solutions to secure Personally Identifiable Information (PII), Personal Health Information (PHI), and payment data entered online. The goal is to immediately encrypt / tokenize online data entered through a web form, so that if a breach does occur, this valuable data is masked.