What do the penalties look like for a HIPAA violation?

Here you go — they are rising and here is where they currently stand. As you can see, data breach is serious business and serious for your business.

VIOLATION TYPE EACH VIOLATION REPEAT VIOLATIONS/YR
Did Not Know $100 – $50,000 $1,500,000
Reasonable Cause $1,000 – $50,000 $1,500,000
Willful Neglect – Corrected $10,000 – $50,000 $1,500,000
Willful Neglect – Not Corrected $50,000 $1,500,000

You can read the full article here: HIPAA Violation Penalties Rise in Response to Data Breaches | SmartData Collective.

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