PROTECT YOURSELF AGAINST FINANCIAL BREACHES
Credit Card Information and HIPAA Compliance
Tokenization has become very common, not only for payment data but also for any sensitive information. For this reason, it must be stringently secured. Tokenization is widely accepted as HIPAA security best practice for storing medical information, but financial information gathered by medical providers must also be well-protected. Hospital billing departments, medical equipment sellers, and pharmacies are all entrusted with credit card and debit card information in addition to covered HIPAA EMR/EHR.
One common practice is to transmit credit card data to a tokenization API and send that information, now protected, over SSL by the user interface. No backend application caches or stores that information as it goes directly to an API. The API takes the information and transfers it back to a reference token with that specific critical data. Additional security measures can also be taken to secure the data even further, such as allowing only certain IPs access to the portal in the first place.
In the end, you're taking very critical personal health information and storing it in the database. This seriously encrypted data storage is fully structured, profoundly protected, and secured. As a result, it would be stimulating to access that information without having the right approval.
The information itself is signified by a token that can be later used to access the actual data. In addition to the access and token, a password and username can also authenticate the IP address. All information is transferred over encoded SSL to allow a secure data transmission. Transfer the token proceeds the demanded critical data that might be shown in the user interface.