Privacy Enforcement Actions on the Rise

In February this year, federal agencies and the Financial Industry Regulatory Authority (FINRA) announced significant privacy enforcement actions that have resulted in millions of dollars in fines.  Could a potential privacy enforcement storm be brewing? In the past, this website has consistently listed privacy violation findings as a risk management issue that could become a financial threat capable of “closing the doors” of a business. Our staff continues to stress privacy concerns, information security and the potential threats from cybersecurity dynamics as critical components every … [Read more...]

HIPAA Privacy Violation Fines: A Potential Factor for Risk Management Strategy Planning

In an effort to not lose focus on the seriousness of compliance requirements regarding HIPAA, we point our readers to a recent article written by Howard Anderson, Executive Editor, of and posted on the website.  In this posting we are told that for the first time, federal officials have fined a healthcare organization for violations of the HIPAA privacy rule. Cignet Health of Prince George's County, Md., was fined $4.3 million for the violations that involved failing to provide 41 patients with access to their medical records and then failing to cooperate with … [Read more...]