Regulatory compliance (HIPAA violations) costs healthcare and financial institutions billions of dollars each year. According to annual research from the Ponemon Institute, the average cost paid for each lost or stolen record containing sensitive and confidential information globally increased to more than $355 in 2018.
Healthcare emerged as the industry with the highest cost per stolen record with the average cost for organizations reaching as high as $402. The costs associated with these breeches, in terms of dollars, reputation and time are very high and ongoing.
Zafesoft protects regulated records as content. Zafesoft also automatically captures a comprehensive audit trail for original and derivative content. Any access, transmission, modification or other actions are tracked as part of your audit trail – providing you the digital logging needed for regulatory compliance.
Zafesoft also provides an Early Warning System. When unauthorized access attempts are made, for example an unauthorized user attempting to access a Zafed patient record or financial information – we track and report the attempt, triggered automatic actions can then occur. You get the heads-up notice you need to proactively address the attempted breech. Your content remains secure throughout this process.