The Office for Civil Rights at HHS is proposing new cybersecurity rules requiring healthcare organizations to implement multifactor authentication and network segmentation to safeguard patient data.
The proposed rules come as part of a broader strategy by the Biden administration, following significant data breaches, aiming to update the outdated HIPAA Security Rule.
Cost estimates for implementing these new cybersecurity measures by healthcare organizations are projected at $9 billion in the first year and $6 billion annually for the next five years.
Once finalized, the new regulations would significantly enhance patient data protection standards, reflecting a necessary response to increasing cyber threats within the healthcare sector.
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