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.
Specializing in Stand-Alone and Healthcare Integrated Payment Security Solutions
Bluefin’s security solutions are provided through our product suite – including PayConex, QuickSwipe and ShieldConex – or healthcare organizations can utilize their current processor or payment gateway to get our PCI-validated P2PE solution.
Formulating a Complete Payment and Data Security Approach in Healthcare
The rules, regulations and considerations around protecting PHI, PII and payment data in the healthcare environment and how encryption and tokenization work to provide an omnichannel security strategy.
Learn More About our Healthcare Solutions
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