
Healthcare is Under Attack: Strengthening Security with Biometric Verification

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Healthcare scams cost our economy tens of billions of dollars every year and the lowest value of losses is 3% of total healthcare expenses. whilst some governments estimate the loss to be 10% of the sector’s total budget, equating to over $300 billion. These concerning statistics have urged healthcare providers to consider streamlining security measures to accommodate the growing threat by implementing biometric verification solutions.
Healthcare fraud affects everyone— businesses and individuals alike. It can elevate health insurance premiums, expose people to unnecessary medical procedures, and cause tax increases.
As per the Federal Bureau of Investigation (FBI), there are different types of healthcare fraud:
Data privacy is the primary concern of every business and the healthcare sector is no exception. Patients’ data is highly confidential and may contain sensitive details that need to be protected. Leakage of patients’ personal details causes havoc, not only on their privacy but also on the image of a healthcare institution. These data leaks are a reality as 28.5 million Americans were impacted by such breaches in the last half of 2022. However, 21.1 million residents were affected during the first half of the year, representing an increase of 35%. The average data breach in the healthcare sector affected more than 91,000 individuals in the last six months of 2022. Therefore, it is essential to deploy robust security solutions that can ensure data privacy in this fraud-hit world. This is where biometric verification comes to the rescue.
Biometric authentication uses unique biological or physical characteristics of a person to check that they are who they claim to be. One of the most commonly used techniques is face verification which uses facial features to verify individuals and mitigate the risk of fraudulent activities in healthcare and other businesses.
Not only biometric verification protects healthcare from identity theft, data breaches, and other heinous crimes but it offers the sector a number of benefits such as:
Shufti Pro offers an AI-powered biometric verification solution to identify individuals entering healthcare and other sectors. The authentication solution uses 3D liveness detection to securely and quickly authenticate users with their selfies, mitigating the risk of fraud in this technologically advanced world.
Here’s what makes Shufti Pro’s biometric face verification an ideal option for the healthcare sector:
Want to know more about how Shufti Pro’s biometric verification solution protects the healthcare sector from heinous crimes?