On September 23, 2013 the HIPAA Omnibus Rule went into effect. This rule provides further clarification to a complex set of requirements. It also defines some potentially catastrophic penalties associated with a Protected Health Information (PHI) or Electronic Protected Health Information (ePHI) breach.
Author Archive for Steve Chu
Many hosting providers offer a PCI- or a HIPAA-compliant solution that meets industry standards for high security and includes various tools to enable compliance. But at Layered Tech, we’ve taken this up several notches by offering complete compliance management through our Layer 4 Compliant Services.
With Managed Compliance, we take care of the majority of the work needed to pass a PCI audit. In fact, our clients are able to offload up to 80% of the 220 PCI controls, when they engage our Guaranteed Compliant offering. This work includes taking on roles and responsibilities like centralized logging, change control, managing code rolls, full documentation, and audit support.
The Health IT Summit is one of several regional events conducted by the Institute for Health Technology Transformation (iHT2). We look forward to attending this summit and engaging in discussions about the rapid evolution of technology in the healthcare industry. Continue reading ‘iHT2 Health IT Summit Preview: Three Hot Topics’
It was a pleasure to serve as a judge for the e-Pay Innovation award at the recent ETA Expo in New Orleans, LA. The winner of the $10,000 award was Trak for developing technology aimed at moving Brazil’s population from a paper payment system to a more efficient electronic format.
The ETA Technology Committee oversaw the event, which was part of the 2013 Annual Event and Expo in New Orleans. The Bill and Melinda Gates Foundation provided funding for the winner of the e-Pay Innovation Award and offered scholarships for several startup companies to exhibit in the Payments Next Zone section of the Expo.
Continue reading ‘E-Pay Innovator Drives Mobile Commerce in Developing Countries’
I was very fortunate to be on the ETA Technology Committee who led the Round Table Discussion this year at the 2012 Strategic Leadership Forum, held at the Breakers Hotel in West Palm Beach. The participants included notable thought leaders and entrepreneurs who provided great insight into this topic which is evolving rapidly. It is remarkable to see how the aggregator/ “micro” merchant model, through the convergence of technology, is forever changing the industry. It will be interesting to see how providers respond to this new challenge, and potential opportunity, as they adapt their offerings.
Thanks to ETA for another great forum and we are looking forward to the 2013 Strategic Leadership Forum in Scottsdale, AZ!
About the Author: As Regional Sales Manager for Layered Tech, Steve Chu (@stevendkchu), brings over 9 years of experience to the Payment and PCI Compliant Hosting industry. His background prior to Layered Tech was with HMS/Micros Systems, which provides a point-of-sale solution for the hospitality industry, and also with global IT consulting firm, Sogeti Capgemini.
The payment industry is now seeing many new Payments Service Providers (PSP’s), also called Merchant Aggregators, entering the market to serve small “micro” merchants who have payment card transactions processing needs. This year Electronic Transactions Association’s Technology Committee is conducting a Round Table discussion at the ETA’s annual Strategic Leadership Forum. The focus of the discussion will be on the Emergence of Micro Merchants and Aggregators, and the Effects on Traditional Payments Business Models.
Continue reading ‘ETA Round Table Will Discuss Emergence of Micro Merchants and Aggregators’