September 17th, 2018

Healthcare Target of Increased Cyberattacks

Posted at 1:00 AM ET

holding-healthcare-to-ransom-cover-image-6Over the past decade, the healthcare industry has been haunted by headlines of data breaches. Three of the largest reported incidents impacting healthcare organizations in 2015 alone affected more than 100 million patient records and resulted in hundreds of millions of dollars in settlements. Data and cyber breaches have real financial and reputational impacts.

Holding Healthcare to Ransom by Marsh & McLennan Companies Global Cyber Risk, administered between July and August 2017, found healthcare is particularly vulnerable, as 27 percent of healthcare organizations reported that they have been a victim of cyberattack in the past 12 months. This is more than financial institutions, which is at 20 percent; and nearly twice the incidence in the communications, media and technology sector, which is at 14 percent.

Underpinning advanced data resilience frameworks is a strong detection mechanism and holistic incident response plan. Almost two-thirds of healthcare organizations have not developed a cyber incident response plan. Most alarmingly, 37 percent of respondents are not sure of the reasons behind the lack of a cyber response plan while only 22 percent are confident that their organization’s cybersecurity and firewalls are adequate.

Holding Healthcare to Ransom - Healthcare Industry’s Fight Against Cyberattacks

Healthcare & Cyber Risk - The Need to Distribute Cyber Risk Management

Healthcare & Cyber Risk – Quantifying Exposure

Read the full report >>

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