Increasing Cost & Complexity of Cyber Insurance Leaving Healthcare Enterprises Behind?

“’Based on a very healthy budget, we were able to check every box and keep our premiums to an increase of only 46% as opposed to the 103%,’ (ChristianaCare CISO Anahi) Santiago added. The reality is, ‘based on what’s being asked of us, I know that there’s absolutely no way that the 99% other healthcare organizations can afford the investments that are being asked.’”

Source: Insurance turmoil widening the gap between ‘cyber haves and have-nots’ in healthcare

Mark Sauter

Mark Sauter’s insights on the financial, policy and security elements of cyber insurance are based on years of experience in the investment banking, media and business worlds. Co-author of the McGraw Hill university textbook “Homeland Security: a Complete Guide,” Sauter was also a consultant to one of the world’s largest software companies and served as a US Army Special Forces and infantry officer.