The Huge Benefits of HIPAA Compliant Cloud Storage

by Mar 5, 2014Business Continuity, Cloud & Hosting, Compliance

HIPAA compliant cloud storage to boom in 2014?

Is 2014 going to be the year of a compliance crisis due to so many businesses changing to cloud solutions for data storage? Not if you have invested in HIPAA compliant cloud storage. Many in the healthcare industry are adopting cloud storage for its interoperability, archiving, remote storage, and cost reductions.

“Market researchers at MarketsandMarkets assume that the health care industry will invest $5.4 Billion in Cloud Computing by 2017″

For cloud storage providers to be HIPAA complaint they must have many layers of security such as, data encryption, secured data backup, data access monitoring, and HIPAA business associate agreement. For these reasons some are predicting the possibility of an upcoming compliance crisis concerning the healthcare industries use of cloud solutions and compliance issues. Security concerns in IT organizations and departments are shifting attention and budgets from the newest cyber threats to new security controls and protocols driven by compliance audits and liability. HIPAA standards continue to receive heightened awareness and some of the areas of concern that may drive a possible compliance crisis include:

  • Cloud solutions that are not HIPAA compliant cloud storage. Cloud storage solutions make it easier to scale capacity quickly and on demand. They can also enable in-house IT streamline operations, reduce cost, and focus on critical tasks. Yet, with so many businesses jumping on-board could storage solutions there may be issues of concern if these providers are not HIPAA compliant.
  • Cloud-based business applications that can lead to unwanted security breaches. Businesses store sensitive information in their application databases. If the provider has poor or inconsistent access management it may lead to insider security breaches.
  • BYOD (bring-your-own-device) has been a security issue since the get-go. It can increase the risk of data loss and vulnerability exploitation. Complete records must be maintained for how many devices are accessing the network, each devices security, and where they are allowed to go on the network.

Each business can do their part to prevent a compliance crisis by choosing a HIPAA compliant cloud storage solution, making sure their cloud-based business applications have secure and consistent access management, and keep accurate records on your BYOD. With these contingencies taken care of the business community can continue to utilize the many benefits of cloud storage, cloud-based business applications, and BYOD. Contact us to prevent your own compliance crisis and let our team build a custom solution for your business’s security and compliance.

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Dale Shulmistra is a Business Continuity Specialist at Invenio IT, responsible for shaping the company’s technology initiatives -- selecting, designing, implementing & supporting business continuity solutions to bolster client operational efficiencies and eliminate downtime.

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