Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

INTELLINX LAUNCHES HEALTHCARE SOLUTION TO ENSURE PATIENT PRIVACY AND COMPLIANCE

Intellinx Ltd., the innovative leader in enterprise fraud management announced the general availability of its healthcare solution which ensures patient privacy and compliance with HIPAA and other government regulations. Securing the privacy of over 70 million patient records at major hospitals, clinics and insurers in three continents, Intellinx’s Healthcare Solution now includes proven business rules for more comprehensive protection and a quicker implementation in addition to patented sniffing technology used to monitor suspicious activity.

According to the US Department of Justice, last year marked a record number of prosecuted healthcare fraud cases, with an increase of 3% over the previous year, and total recoveries of $4.3 billion. Demand for medical information remains strong on criminal marketplaces because it takes victims longer to realize the information has been stolen. Sensitive patient data can be leaked for many purposes, for example to reveal information about celebrities, public officials, and job applicants or for double billing or other types of payment fraud. Cyber criminals were getting paid $20 for health insurance credentials on some underground markets, compared with $1 to $2 for U.S. credit card numbers prior to the Target breach, according to Dell SecureWorks.

Boaz Krelbaum
Boaz Krelbaum

Intellinx solution’s patented technology provides the most comprehensive protection of patient privacy. Using proprietary methods to monitor user access to Electronic Medical Record (EMR) and electronic Protected Health Information (ePHI) as well as activity using EPIC and other healthcare systems, Intellinx’s Healthcare Solution can identify suspicious activity without relying solely on data from log files and application databases that typically do not provide sufficient information on users who just browse patient data without making any transactions. According to Data Breach Report 59.4% of total exposed records are the result of insider activity.
“Protecting personal privacy is essential for healthcare institutions, not only for regulatory compliance but also to maintain the confidence of their patients and customers,” said Boaz Krelbaum, Intellinx Co-founder, CTO and US General Manager. “Intellinx’s Healthcare Solution leverages Intellinx’s years of experience in the industry to develop business rules and processes that can minimize risk and financial losses for healthcare institutions.”