What Every Business Needs to Store and Secure Data

Storing data is a vital part of doing business. Without customer data, product catalogs, and financial reports, organizations cannot function. Since becoming compliant with the US Health Insurance Portability and Accountability Act (HIPAA) in 2002, it has become increasingly crucial for businesses to store data securely because of the potentially severe consequences of security breaches. The body responsible for enforcement under HIPAA is the Office of Civil Rights (OCR). The OCR enforces HIPAA by launching investigations into whether organizations securely retain patient information. This article aims to identify all the requirements that every business needs to store and secure data, whether customer information or financial documents. Although compliance with HIPAA is not required by law, it is essential to follow their best practices to keep data secure. Here’s what every organization needs to store data securely: