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

6 Healthcare Cybersecurity, Ransomware Predictions to Watch in 2022

by Fred Pennic 01/26/2022 Leave a Comment

Protecting Medical Device Security in the Age of Ransomware

We reached out to six healthcare executives for their trends and predictions on healthcare cybersecurity and ransomware to watch in 2022. Milan Shah, Chief Technology Officer of Biofourmis Cyberattacks on hospitals and health systems will continue their rapid pace in 2022, but as more providers launch hospitals at home and remote patient management programs and the technology has to traverse enterprise firewall boundaries, it provides attackers an extensive new surface area to attack.
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Revenue Cycle Management Can Help Advance The Cybersecurity Mandate

by John Talaga, EVP & GM, Healthcare & David King, CTO at Flywire 01/11/2022 Leave a Comment

Revenue Cycle Management Can Help Advance The Cybersecurity Mandate

Holding steady in the No. 1 spot, the healthcare industry has held the top rank in IBM’s Cost of Data Breach report for the past 11 years. It’s a lead that seems secure. In just a year from 2020-2021, the average total cost for healthcare for an event increased 29.5%, and now sits at $9.23 million.  Even amidst that threat landscape, the percentage those in the healthcare space spend on cybersecurity hasn’t climbed out of the single digits. Only 6% or less of the IT budget is typically
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2 Overlooked Cost-Effective Healthcare Cybersecurity Strategies to Minimize Risk

by Richard Lang, Director of Data Center Services at HST Pathways 10/27/2021 Leave a Comment

2 Overlooked Cost-Effective Healthcare Cybersecurity Strategies to Minimize Risk

The Office of the White House recently issued a Proclamation marking October as Cyber Security Awareness Month and shared this year’s theme: “Do Your Part. Be Cyber Smart.” Threats are indeed on the rise, posing a significant risk to private businesses, public infrastructure, and national security, especially as the nation has increasingly adapted to a remote environment in the continuing battle against COVID. As businesses look to “do their part” to combat cybersecurity threats, they will need
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What COVID-19’s Attack on Healthcare Cybersecurity Taught Us About Its Shortcomings

by Avi Philipson, Head of Operations at Axis Health 08/17/2021 Leave a Comment

What COVID-19's Attack on Healthcare Cybersecurity Taught Us About Its Shortcomings

In the early chaos of the coronavirus pandemic, the healthcare industry struggled to keep up with an influx of patients amidst a shortage of necessary resources. During this time, healthcare staff naturally prioritized the health and safety of their patients, but this led to a marked decline of cybersecurity measures, leaving themselves open to attacks. Cybercriminals took advantage of the opportunity, and since the start of the pandemic to late 2020, cyberattacks on healthcare firms in the
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3 Ways Healthcare Orgs Can Work to Prevent Insider Security Threats

by Sanjay Joshi, Global CIO Healthcare and Life Sciences at Tanium 08/16/2021 Leave a Comment

Why Healthcare’s Most Overlooked Security Threat Comes From Inside — and How to Prevent It

Though it’s often “highly sophisticated” or “nation-state” attackers that make headlines, the truth is that healthcare’s most overlooked cybersecurity threats are within the IT ecosystem. In fact, according to Verizon’s 2021 Data Breach Investigations Report, nearly 40 percent of all global security incidents in 2020 were caused by inside actors. These insider threats are often not malicious in nature, but accidental errors, such as employees clicking on phishing links, using weak passwords, or
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4 Key Constraints Preventing Healthcare from Proper Cybersecurity

by Seth Carmody, VP of Regulatory Strategy at MedCrypt 08/02/2021 Leave a Comment

4 Key Constraints Preventing Healthcare from Proper Cybersecurity

Healthcare was created to help people. So why is this industry the most heavily targeted by cybercriminals and ransomware attacks? In the first half of 2020 alone, the Department of Health and Human Services saw a nearly 50% increase in the number of healthcare-related cybersecurity breaches. The COVID-19 pandemic forced the healthcare industry to operate at a level that it wasn’t prepared for, which meant emergency facilities were erected without proper security measures in place in order to
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Cybersecurity: The Hidden Health Tech Crisis No One’s Talking About

by Roel Decneut, CMO at Lansweeper 07/15/2021 Leave a Comment

Cybersecurity: The Hidden Health Tech Crisis No One’s Talking About

The life-saving capabilities of technology in a healthcare environment are beyond dispute. Medical professionals in hospital environments rely on networked medical devices to access and share patient information rapidly to reduce the time it takes to make life-saving decisions and deliver essential patient care. Connected devices in healthcare environments allow medical professionals to monitor patients more closely, improve medical assistance and use data for analytics and medical research.
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Nuvolo Secures Funding from Mayo Clinic to Accelerating OT/Cybersecurity Capabilities in Healthcare

by Jasmine Pennic 06/09/2021 Leave a Comment

Nuvolo Secures Funding from Mayo Clinic to Accelerating OT/Cybersecurity Capabilities in Healthcare

What You Should Know: - Nuvolo, the world's fastest-growing workplace software company, today announced it has extended its Series C round for a total of $32 million. - The latest investment comes from Mayo Clinic. Nuvolo will use the investment to advance the company's Operational Technology (OT) cybersecurity solution which helps healthcare organizations, and other OT intensive industries, address the growing challenges posed by the proliferation of cybersecurity threats from
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What the Shift to 5G Will Mean for Healthcare Cybersecurity

by Matthew Doyle, COO & Head of Investor Relations, Chicago Pacific Founders 05/24/2021 Leave a Comment

What the Shift to 5G Will Mean for Healthcare Cybersecurity

5G has spent years hovering on the horizon, its industry-revolutionizing potential waiting just out of reach for healthcare providers and consumers. But now, the wait is (almost) over -- and for some, it already is. Mobile 5G began to make limited appearances in major cities across the country in the latter half of 2019. Those limits won’t be in place for long; however, a more comprehensive rollout is expected to sweep through the nation this year.  5G’s entry onto the scene has the
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Why Ransomware Poses a Threat to Both Providers & Patient Health​

by Gary Ogasawara, CTO, Cloudian 05/20/2021 Leave a Comment

Why Ransomware Poses a Threat to Both Healthcare Organizations and Patient Health​

Ransomware attacks continue to wreak havoc on all types of organizations across almost every industry. The healthcare sector in particular has emerged as one of the top targets for ransomware gangs, and the impact can be more dire than for most others. According to new research by Tenable, ransomware is responsible for 46% of all data breaches in the healthcare sector, compared to 35% of data breaches across all verticals.  Just last month, a major hospital in Maryland lost access to a
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