Accretive Health

Stolen laptop leads to settlement by the Accretive Health

January 5th, 2014

Accretive Health working as medical billing and revenue management services vendor has agreed for settlement with Federal Trade Commission (FTC) due to allegations of inadequate data security measures which put consumer data at risk.

An accretive laptop containing sensitive information of 23,000 patients was stolen from employee’s car. FTC pointed out many discrepancies like failure to removal of unwanted data from laptop, failure of reasonable procedures in place and vulnerability of sensitive data while laptop is transported. More over they expected to have limited access to customer information by the employees.

Terms of the settlement agreed by the Accretive involved development and deploying a comprehensive data security policy that will be evaluated initially and every two years by a certified third party. Settlement will remain in effect for the next 20 years as per FTC.

To avoid such failures to take proper measures for the security may lead to penalty. To avoid such incidents it is preferred to have proper procedures along with best encryption software. The penalties for a data breach are severe not only in terms of the monetary fines imposed on the organization, but also the potential loss of trust from customers and suppliers.

Encryption software greatly enhances the security of your organization’s data as the information is not compromised if a laptop is lost or stolen.

Alertsec has created a web based encryption service that radically simplifies deployment and management of PC encryption by using industry leading Check Point Full Disk Encryption (former Pointsec) software.

Organizations, especially corporate giants, have to have an information security policy in place that proves they have taken necessary steps and measures to safeguard the information they gathered. If these policies are not adhered to, the regulators may prosecute.

Alertsec Xpress is used by organizations that have recognized the need to protect their information. Customers range from single-user sole traders and consultants to multinational companies with a large number of offices around the globe. Over 4 million users worldwide use Alertsec Xpress’s Check Point Full Disk Encryption.

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