The Source for Cyber Insurance News, Insights and Data
An AI agent ran a ransomware attack in July with nobody at the keyboard. When its first login failed, it read the error and corrected itself in seconds. Shelterzoom’s CEO says that becomes standard practice in months, not years. The AI did not need a human at the keyboard. Chao Cheng-Shorland, co-founder and CEO of … Read more
A new Omega Systems report shows most practices trust vendors they never monitor. For underwriters, the louder medical practice cyber risk alarm is what leaders admit about their own compliance. Most healthcare practices suffered a vendor-driven disruption last year. And on that third-party risk in healthcare. Few are watching the vendors that caused it. A … Read more
Healthcare remains the most targeted sector in cybersecurity. Breaches multiply. Ransomware disrupts patient care. Regulators raise the bar. Most of the coverage focuses on large hospital systems and health insurers. Far less attention lands on a specific and vulnerable corner of that market: the hospitals that treat children. A new report from Black Book Research … Read more
In July 2019, a ransomware attack hit Springhill Medical Center in Mobile, Alabama. Fetal monitors in 12 delivery rooms went dark. A woman arrived to give birth. Nobody told her the hospital’s systems were down. The umbilical cord wrapped around her baby’s neck went undetected. The baby was born with severe brain damage and died … Read more
A research paper raises a direct question about HIPAA: How much money would it take for someone to break privacy rules? The findings should concern cyber liability teams. Researchers discovered that 58% of participants named a price they would accept to violate HIPAA. While many cyber incidents start with mistakes, this study highlights a different … Read more