The American National Standards Institute released a report Monday providing steps to help organizations assess personal health information (PHI) security risks and build a cogent business case to protect PHI, PR Newswire reports. The Financial Impact of Breached Protected Health Information: A Business Case for Enhanced PHI Security, which was part of the "PHI Project" and involved more than 100 healthcare industry leaders, found that lack of executive support and insufficient funding contributed to security breaches. Ponemon Institute Founder Larry Ponemon, CIPP/US, said, "Healthcare is one of the most-breached industries...This report will help them understand what they need to do to augment their efforts."
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