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However, ePHI is vulnerable to threats like cyber attacks and natural disasters, making disasterrecovery planning (DRP) vital. Healthcare organizations must implement HIPAA-compliant DRPs to protect ePHI, ensuring continued operation during disasters. It’s not as complicated as it sounds!
Eastnets , a global leader in compliance and payments solutions, has launched its Managed SWIFT Service on AWS Cloud. Leverages AWS infrastructure with automatic failover and disasterrecovery for uninterrupted operations, even during system disruptions.
PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatorycompliance, and operational risks.
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