The Source for Cyber Insurance News, Insights and Data
CFC, a specialist insurance provider, reports that the global digital healthcare industry is booming, driven by technology advancements and shifting patient expectations. Now, the cyber risk part. CFC’s latest Digital Healthcare Report highlights key trends shaping the sector, emphasizing the rising risks from cyber threats, AI liability, and telemedicine practices. AI Liability and Data Privacy … Read more
Healthcare data breaches soared in 2024, with a staggering 305 million patient records compromised, according to Bluesight’s 2025 Breach Barometer. The report highlights a rise in cyberattacks, delayed breach notifications, and increasing cyber insurance costs. All this adds financial pressure to an already strained industry. Largest Healthcare Breach in History In one case a single … Read more
The 2025 Horizon Report by Fortified Health Security highlights the escalating challenges healthcare organizations face in the cybersecurity arena. With 183 million patient records compromised in 2024, up 9% from the previous year, the report underscores the urgent need for robust solutions. The report also examines emerging threats, the role of artificial intelligence (AI), and … Read more
Healthcare organizations are facing a surge in ransomware attacks, with a string of high-profile incidents highlighting the vulnerabilities in the sector. From the attack on Ireland’s Health Service Executive in 2021 to the recent breach of Prospect Medical Holdings in the United States, cybercriminals continue to target healthcare providers, often disrupting patient care and risking … Read more
The energy, oil/gas and utilities sector has the highest level of cyber insurance coverage, with 97% of surveyed organizations reporting policies (most of them standalone.) The lowest adoption of cyber security coverage is found in the “Central/federal government” and IT, tech and telecom sectors. To be sure, even with the lowest penetration, these two sectors … Read more