Cybersecurity

Coordinating data in the age of digitalisation presents a real challenge, especially where production facilities are concerned. The task of maintaining the many and varied components used in production also entails working with a wide variety of different software packages (editors) Each change that is made to the software results in a new version that has to be securely stored – versions need to be properly managed and there can only ever be one version that is the latest authorised version. But how can you make sure that all changes that were made to the software now running on the machine/device were authorised?

Since maintaining the confidentiality of human genetic data is of paramount importance to GenoSpace, the company has made security a top priority. In an environment where breaches involving healthcare data have reached alarming levels, GenoSpace understands the costly business impact of noncompliance with HIPAA patient privacy regulations and industry-leading data security practices. For example, the Identity Theft Resource Center’s 2014 annual list of security breaches points out that the medical/healthcare sector accounted for more than 42.5% of all the breaches listed, topping all other categories. Since reporting requirements began, the US Department of Health and Human Services has tracked 944 incidents involving approximately 30 million individuals. Along with the persistence and enormity of this problem comes financial fallout. For example, in its study, 2014 Cost of Data Breach Study: Global Analysis, the Ponemon Institute estimated that the average cost of a data breach in 2014 was $3.5 million, an increase of 15% over 2013. Additionally, the average cost per record across all sectors also increased, from $188 to $201—and the per capita cost for healthcare was the highest across all industries at $316 per patient. And the typical fine for a data breach runs up to $1.5 million per incident. The cost of breaches to the healthcare sector overall is estimated at $5.6 billion annually.

Hacking is no longer a question of if, but when and how often. To Core’s 15 locations, this represents the point at which the IT industry’s long-running conversation around information security reached critical mass.Core Business Technology Solution has challenges in growing business by helping mid-level commercial clients with varying degrees of technical resources understand and reduce risk through the quick and easy deployment of a highly effective security solution.