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The American Health Information Management Association (AHIMA) recently published an article in the Journal of AHIMA about so-called “small data breaches” reported to Health and Humans Services (HHS) and the Office of Civil Rights (OCR). These are defined as breaches of less than 500 patients and for covered entities, but not for business associates and sub-contractors. Breach reporting is a provision of the HITECH Act, which modified … [Read more...]
ReSource Pro provides outsourcing services to independent agents in the United States using a service center in China. They were recently awarded the ISO/IEC 27001 information security management certification from the International Organization for Standardization. This certificate is recognized across data-centric industries as external verification that the business in question has adopted rigid security standards in order to better defend its … [Read more...]
The vast majority of insurance agencies do not have any insurance coverage for reimbursement of the costs incurred due to a client data breach. Here are just a few of the reasons why a Network Security and Privacy (NSAP) policy makes sense for insurance agencies: Coverage for data and other non-physical perils is routinely excluded under Property policies. The “intentional acts” exclusion found in a standard E&O policy might … [Read more...]
NASHVILLE, Tenn. (January 6, 2010)—“Information is the most radioactive element in today’s businesses,” says Steve Anderson of The Anderson Agency Report in his most recent business guide for independent insurance agencies, called Client Information Security. Anderson’s report highlights that more than 88% of client data breach cases last year involved employee negligence and that 84% of cases involved organizations with more than … [Read more...]
On September 1, 2009, Portland insurance agent Robert Spruill of Brooke Auto Insurance consented to a Cease and Desist order from the Oregon Department of Insurance. Spruill had not properly disposed of business records that contained sensitive client information. According to the order, “On or before April 28, 2009, Spruill discarded over 1,000 insurance business records and/or other documents related to insurance transactions of Brooke … [Read more...]
