Increasing Competitiveness while Protecting Consumers

Tony Abou-Assaleh, PhDPresident & CEO, TitanFile Inc.

THIA AGM - Sept. 17, 2013

About me

● President and CEO, TitanFile Inc.○ Enterprise file sharing and collaboration

● 10 years in security and privacy

● Passion for democratizing security

Who understands HIPAA Compliance?

HIPAA and HITECH Omnibus Rule

● What is it?

● Why should I care?

● What can I do about it?

HIPAA and HITECH Omnibus Rule

● What is it?

● Why should I care?

● What can I do about it?

Health Insurance Portability and Accountability Act

● Covered entities

● Business Associates

● Rules○ Security○ Privacy○ Breach notification○ Enforcement

HIPAA and HITECH Omnibus Rule

● What is it?

● Why should I care?

● What can I do about it?

#1 Risk for Insurance

September 23, 2013

The Numbers

Last month:● 646 significant breaches● 22MM+ patients affected

Last year:● 94% had a breach● $2.4 MM average 2-year cost● $7 billion loss

Types of Security Risks

● Theft● Unauthorized access● Loss● Third party snafus● Cyber-attack / hacking● Regulatory compliance

HIPAA and HITECH Omnibus Rule

● What is it?

● Why should I care?

● What can I do about it?

Steps that you can take TODAY to improve compliance, productivity, and protect the

consumer

Insurers

TPA

PatientsConsumers

Sales Channels Suppliers Providers

Travel Insurance Ecosystem

SecurityPrivacy Productivity

Concerns about Compliant Solutions

● Cost of training staff and support

● Licensing and maintenance cost

● Only protect what needs protecting

Security that enhances productivity

● Enterprise Integration

● Centralized management and audit trails

● Compliant partners

● Fits within existing workflows

● Remote-access, mobility, and BYOD

Stages of Compliance

Thank you!

Contact info:Tony Abou-Assalehtaa@titanfile.comhttps://www.titanfile.com