Nowadays, every business—including medical practices—rely on computers and other technological devices to perform daily operations. Your medical practice probably uses computers to schedule appointments, process payments and store patient information. What would happen if patients’ personal and credit card information was leaked?
With the task of storing patient data comes the responsibility of protecting that information. But any number of situations could expose that data to outside sources, from power surges to cases of hacking. Securing this data should be a top priority, as high as offering exceptional medical care.
A few ways to help protect patient and business data include:
- Installing effective firewalls
- Using a secure server
- Backing up data to a secure location like a cloud drive
- Hiring IT professionals to ensure security standards
But even with the highest digital security measures, breaches and other losses can still occur. That’s why cyber liability insurance is such an important consideration for your practice. Though this coverage cannot prevent a breach from occurring, it can be instrumental in funding the damage control measures your practice will need to take.
A good cyber liability insurance can help with:
- Enhanced digital security measures
- Patient notification
- Identity monitoring services for patients
- PR services
- And more
Without this coverage in place, could your medical practice afford the aftermath of a data breach? It’s not uncommon for these events to cost thousands or tens of thousands of dollars. Fortunately, you can rest at ease with the right policy behind your back.