At Slate Enclave, our private school clients have a lot of questions when it comes to FERPA and how they can protect student education records. The Family Educational Rights and Privacy Act (FERPA) is a federal law that protects students’ private information in schools that receive funds from the U.S. Department of Education.
HIPAA Journal published their list of the largest Healthcare Data Breaches for 2020 and it shows a troubling trend over the past 10 years. In 2010, there were 199 reported breaches. That number increased to 616 reported healthcare breaches in 2020. These numbers are on the conservative side because they only include breaches of more than 500 records. Healthcare organizations are only legally required to announce a data breach at this amount.
Cyberattacks have a tremendous impact on an organization’s reputation. According to Varonis, 80% of consumers will not use a business that was a victim to a breach. Additionally, 85% will tell others of the incident, showing that even if a person is not a victim of the breach, they will still be aware of the organizations breach and potentially not use them.