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Healthcare Cybersecurity | Healthcare Data Security | Ransomware | Hospital Security Breaches

How Healthcare Providers Can Bolster Cybersecurity Defenses and Protect Patient Data

by Nicko van Someren, Chief Technology Officer at Absolute Software 05/11/2023 Leave a Comment

Strengthening the Shield: How Healthcare Providers Can Bolster Cybersecurity Defenses and Protect Patient Data

In IBM’s 2022 Cost of a Data Breach report, the company revealed that the global average cost of a data breach was $4.35 million. In the healthcare sector, however, that number skyrocketed to $10.1 million. Why is an attack on a healthcare organization so much more costly? While part of this comes down to the fact that healthcare organizations often have big budgets, and so might be able to pay big ransoms, the biggest part of the answer is consequences. In there, real lives are at stake. Downed
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Healthcare Considerations: Addressing Cyber Risk in the Healthcare Industry

by Bryan Smith, Chief Technology Officer, RiskLens 05/10/2023 Leave a Comment

Healthcare Considerations: Addressing Cyber Risk in the Healthcare Industry

In 2020, the Dental Care Alliance (DCA) experienced a significant cyberattack on its systems, which lasted approximately an entire month. This gave the threat actor an extended period to compromise the healthcare organization’s servers and extract the private and confidential information of around one million patients.  This is just another example of how vulnerable the healthcare industry is to cyber criminals looking to exploit security weaknesses. Healthcare organizations are prime targets
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IT Infrastructure: Creating A Culture of Security In Your Hospital & Health System

by Don Kelly, Manager of the Virtual Information Security Program at Fortified Health Security 05/05/2023 Leave a Comment

Creating a Culture of Security in Your Hospital. Your Patient’s Data Depends on it!

It’s a fact: More than 80% of data breaches involve a human in some way. That could involve someone falling for a spear-phishing campaign designed to solicit credentials, clicking on a malicious link, or a simple error that leaves a security vulnerability open to bad actors. Creating a culture of security in your organization will keep security at the forefront of everything from operations to care delivery. Monitoring and maintaining the security of IT infrastructure is often overemphasized
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MedCrypt Funds Medical Device Usable Security Research at Tufts University

by Jasmine Pennic 04/28/2023 Leave a Comment

MedCrypt

What You Should Know: - MedCrypt, Inc., a proactive cybersecurity solutions provider for medical device manufacturers, announced its financing of the School of Engineering for a Tufts University fellowship program that will support research focusing on the investigation of medical device security and threat modeling. - MedCrypt acknowledges the vital role that evidence-based security practices play in the MedTech industry and recognizes the need to address the existing gaps. Additionally,
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How Digital Transformation is Accelerating Healthcare and the Impact on Hospitals in the Future

by Dave Bennett, CEO of pCare 04/28/2023 Leave a Comment

How Digital Transformation is Accelerating Healthcare and the Impact on Hospitals in the Future

The pandemic has accelerated the adoption of digital health technologies across the healthcare industry. Digital transformation is now the top priority for many healthcare leaders as they seek to build resilient systems. At its core, this means implementing emerging digital technologies to modify essential operations, processes, and services to ease staff workload and withstand future challenges. The primary drivers of digital transformation are consumerism, cost, and experience/expectations,
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Q1 2023 Digital Health Funding Reaches $3.4B Across 132 Deals

by Syed Hamza Sohail 04/04/2023 Leave a Comment

Q1 2023 Digital Health Funding Reaches $3.4B Across 132 Deals

What You Should Know: 2023 started off with the hallmarks of a rebound year. While Q4 2022 signaled the tail end of the digital health funding cycle, January and February funding numbers began to suggest that sector investment was slowly but surely inching back upwards. Inflation was easing ever so slightly. Investors were rediscovering their confidence and launching new projects, signaling optimism in the sector, according to a new Rock Health report. However, recent news—the collapse of
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How Hospitals Can Safely & Effectively Continue Patient Care Amid Rising Cybersecurity Risks

by Andrew Brooks, M.D., Co-Founder and CMO at TigerConnect 03/14/2023 Leave a Comment

The world we live in is becoming increasingly integrated, and as it does, the amount of data also increases. It is estimated that 2.5 quintillion bytes – that’s 2,500,00,00,000 million, for perspective – are created, captured, and shared every day, and experts predict that number will grow exponentially in the coming years. Estimates show that the healthcare industry generates about 30% of the world’s data volume. That number is expected to reach a compound annual growth rate of 36% within the
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The Rise of Fourth-Party Risk in Healthcare––And How to Combat It

by Brian Selfridge, Healthcare Cybersecurity & Risk Leader at CORL Technologies, 02/28/2023 Leave a Comment

The Rise of Fourth-Party Risk in Healthcare––And How to Combat It

In recent years, a wave of high-profile cyber attacks has shaken the healthcare industry to its core. Sensitive data has been breached; essential services have been forced offline; and healthcare providers have found themselves faced with unhappy customers and unsympathetic regulators. As a result, many in the healthcare industry are now familiar with third-party vendors and the risks they pose. This is a positive development, but it is also insufficient.
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New Healthcare H2 2022 Data: Reported Breaches Trend Down, But Individuals Affected Skyrocket by 35% to Nearly 29M

by Syed Hamza Sohail 02/24/2023 Leave a Comment

New Healthcare H2 2022 Data: Reported Breaches Trend Down, But Individuals Affected Skyrocket by 35% to Nearly 29M

What You Should Know: - Critical Insight, the Cybersecurity-as-a-Service provider specializing in helping critical organizations Prepare, Detect, and Respond in today’s threat environment releases its H2 2022 Healthcare Data Breach Report, which analyzes ​​breach data reported to the U.S. Department of Health and Human Services by healthcare organizations. - The number of data breaches affecting healthcare providers declined in the second half of 2022, consistent with a downward trend over
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Top Security Certifications Required for Data Protection

by Paul Banco, CEO of etherFAX    02/10/2023 Leave a Comment

Top Security Certifications Required for Data Protection

How secure is your data? If your organization does not have the right security certifications in place, it’s not a matter of if a data breach will occur – but when. A lack of regulatory compliance, network and technical vulnerabilities, unencrypted information, unsecured mobile devices, and weak credentials all play a part in putting a healthcare organization at risk for a data breach.  Today, the cost of a data breach comes with a hefty price tag – an average of $9.44 million in the
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