Biden's new cybersecurity rules aim to protect patient data amid a surge in healthcare cyberattacks.
The Biden administration is proposing new cybersecurity rules to strengthen protections for patient data in healthcare organizations. These updates to HIPAA standards would require encryption of data, routine compliance checks, and cost an estimated $9 billion in the first year and $6 billion annually for the next four years. The proposal follows a surge in cyberattacks on healthcare firms, with hacking incidents increasing by 89% and ransomware attacks by 102% since 2019.
3 months ago
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