Nearly 93% of healthcare organizations experienced a data breach in the last three years, and most of these events could have been avoided with basic cybersecurity practices. To help healthcare entities mitigate cybersecurity risks and increase their data breach resilience, we’ve created a comprehensive healthcare cybersecurity guide optimized for the biggest security threats in the industry.
Earlier, even prior to the digitalization of healthcare records, it was still easier to keep the information secure and private. Records were in the physical form and could be protected in many ways. Now that people can pull up their entire health histories with the press of a few buttons, things are very different. With the information now being stored and processed online, the threat and risk exposures are equally high. So, to address such threats the U.S.
Last month, we hosted a webinar with our CISO, Karim Beldjilali, who was formerly the CISO of Rightway a healthcare startup. Karim shared important security lessons for healthcare organizations leveraging cloud applications across their workforce. We briefly share the highlights below.
HIPAA Security Rules and Privacy Rules were established to secure the Protected Health Information (PHI) data of patients that healthcare organizations collect, process, and/or transmit. The regulation has identified 18 HIPAA Identifiers that are considered as Personally Identifiable Information (PII) which is a part of the PHI data.
Cyber risks are prevalent in all healthcare institutions, and understanding how to mitigate those risks is especially important in today’s cyber landscape. Cyber risk is the sum of all IT risks that can potentially lead to the loss or exposure of critical data, financial damages, reputational damages, and operational stoppages due to a data breach or data leak. Measuring cyber risks involves determining the likelihood and impact of each cyber threat.
The findings from a recent Gartner Peer Insights survey- Cybersecurity in the Healthcare Industry- show that nearly half of participating healthcare organizations have experienced a data breach in the past two years. As the number of connected and unmanaged devices increases, threats targeting IoT, IoMT and OT devices can undermine patients' confidence in the ability of healthcare organizations, and the industry as a whole, to deliver high-quality care and protect their safety.
Cyber insurance is becoming increasingly important and necessary as cyber attacks become more sophisticated and frequent. Healthcare is one of the most targeted industries because of the valuable medical data they handle and the lack of proper cybersecurity protections. Although cyber insurance doesn’t prevent security breaches, it provides a safety net for businesses to cover their financial losses.
