Today's Veterinary Business

APR 2018

Today’s Veterinary Business provides information and resources designed to help veterinarians and office management improve the financial performance of their practices, allowing them to increase the level of patient care and client service.

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My article "Are You Prepared for a Data Breach?" [December 2017/January 2018] outlined the importance of addressing a veterinary practice's cyber liability. Sim- ply outsourcing administrative and financial responsi- bilities such as credit card processing, data storage, and payroll and benefits administration does not eliminate your liability should a breach occur. Now let's look at how to protect your business when using third-party vendors. A common misconception among businesses of all sizes is that by outsourcing all or part of their information technology operations, the responsibility and legal liability for associated data also is outsourced. There is no arguing the benefits of outsourcing IT services, whether they be cloud storage, payment pro- cessing, human resources or website hosting. Utilizing outside vendors to perform such services provides no- table rewards such as streamlined operations, reduced Business PROTECT & DEFEND By Ed Branam, DVM, CIC Protect your livelihood with all the right coverage through AVMA PLIT. We are the most trusted source of professional, business and personal coverage for every stage of your career. our expertise is your strength Workers' Compensation • Business Property & Liability • Employment Practices Liability • Umbrella Liability • Flood • Commercial Auto • Data Breach • Professional Liability • Veterinary License Defense • Professional Extension (Animal Bailee) • Embryo & Semen Storage Coverage • Safety & Risk Management Resources • Personal Auto • Homeowners • Renters • Personal Excess (Umbrella) Liability For a coverage comparison of your entire insurance portfolio to the PLIT program, call 800-228-PLIT (7548) option 4 or visit avmaplit.com/quote. Data breaches involving a third-party vendor can harm a veterinary practice, too, so insist on a detailed contract. Shared responsibility

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