Question

what is the cost to reputation fees, and fines associated with data breach?

what is the cost to reputation fees, and fines associated with data breach?

Science   Nursing   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Answer: Data breaches in the healthcare has become the major issues in the healthcare. The data breaching of patient's healthcare information or important information leads to claim false reimbursement process etc. There are various act which has been implemented to prevent the data breaching such as HIPAA, it provides safety and privacy to the patient's healthcare information. The cost to reputation fees, and fines associated with data breach includes near about $6.2 billion each year in the USA. Additionally, if the healthcare industry/organization faces breach with the forensics which added up to $610,000. The person patient record cost includes $408.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What is a data breach? How can your organization prevent a data breach?
What is a data breach? How can your organization prevent a data breach?
What are three lessons that can be learned from from the 2019 Adobe data breach that...
What are three lessons that can be learned from from the 2019 Adobe data breach that relate to cyber security? How was this data breach resolved?
On September 7, 2017, Equifax announced a massive security breach. While the breach was originally discovered...
On September 7, 2017, Equifax announced a massive security breach. While the breach was originally discovered on July 29, the announcement was delayed by several months. An estimated 145 million US consumers were affected. The breach resulted in the loss of the following details:  • Names  • Social Security numbers  • Birth dates  • Addresses  • Driver license numbers (at least in some cases) Equifax attributes the breach to a website application vulnerability that was...
What is breach of warranty?
What is breach of warranty?
Suppose that courts begin imposing higher fines on car manufacturers that build cars that occasionally malfunction...
Suppose that courts begin imposing higher fines on car manufacturers that build cars that occasionally malfunction and harm consumers. Car manufacturers can make expenditures that decrease the likelihood of malfunctioning. Does the change in the court’s behavior change the expected marginal benefit of avoiding an accident or the marginal cost of avoiding an accident? What happens to the rate of product malfunctions? Research and provide one example of a car manufacturer that recalled vehicles. What was the impact on profit,...
In the provision of certain public goods, sometimes there are user fees associated with the consumption...
In the provision of certain public goods, sometimes there are user fees associated with the consumption of the good or service. For example, a highway, which is typically open to all, may have a toll booth requiring users to pay a certain fee to travel on that road. A state park may require a nominal fee of $10 per day for you to visit. What is the rationale for these types of user fees? Explain your economic reasoning for why...
In the provision of certain public goods, sometimes there are user fees associated with the consumption...
In the provision of certain public goods, sometimes there are user fees associated with the consumption of the good or service. For example, a highway, which is typically open to all, may have a toll booth requiring users to pay a certain fee to travel on that road. A state park may require a nominal fee of $10 per day for you to visit. What is the rationale for these types of user fees? Explain your economic reasoning for why...
What are the remedies for breach of contract?
What are the remedies for breach of contract?
1) Describe and detail all of the fees/costs associated with a 401(k). write at least one...
1) Describe and detail all of the fees/costs associated with a 401(k). write at least one paragraph.
Historically, the Company’s policy has been to recognize legal fees associated with a loss contingency as...
Historically, the Company’s policy has been to recognize legal fees associated with a loss contingency as those fees were incurred. Prospectively, the Company will accrue the total estimated legal fees when the claim is incurred. Management provides you with the guidance which states that either method is acceptable under US GAAP 1. Is this change allowed? If so, is it a –Change in accounting principle –Change in accounting estimate –Correction of an error in previously issued financial statements, or –Change...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT