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New York State Mulls Groundbreaking Cybersecurity Regulations for Hospitals

Posted on November 16, 2023November 16, 2023 By Martin Hinton

Governor Kathy Hochul has proposed cybersecurity regulations for hospitals, backed by a $500 million budget allocation in the FY24 budget. These regulations aim to fortify hospital networks against escalating cyber threats, complementing the Health Insurance Portability and Accountability Act (HIPAA) Security Rule focused on safeguarding patient data.

Under the proposed provisions, hospitals must establish comprehensive cybersecurity programs, assess internal and external risks, implement defensive techniques, and take preventative actions against cyber threats. The regulations also mandate the creation of response plans for potential incidents, including notification procedures, with tests to ensure continued patient care during system restoration.

NY Governor Kathy Hochul

“Our interconnected world demands an interconnected defense against cyber-attacks, leveraging every resource available, especially at hospitals,” Governor Hochul said. “These new proposed regulations set forth a nation-leading blueprint to ensure New York State stands ready and resilient in the face of cyber threats.”

Under the proposed regulations hospitals are required to develop secure practices for in-house and externally developed applications. There is also a mandate for a Chief Information Security Officer. The regulations also advocate for multi-factor authentication to access internal networks from external sources.

The $500 million funding, part of the Governor’s FY24 budget, will support modernization efforts, including cybersecurity tools, electronic medical records, and technological upgrades. If adopted, the regulations will undergo a 60-day public comment period, concluding on Feb 5, 2024. Once finalized, hospitals will have a year to comply.

Source: Nation-Leading Proposed Regulations Backed by $500 Million in Health Care Information Technology Funding; Advance New York State’s Cybersecurity Strategy

More News: Hacked Hospital Says Prep to Qualify for Cyber Insurance Helped in Ransomware Attack (Opens in a new browser tab)

Cyber Insurance Laws & Regulations Tags:cyber insurance, Cybersecurity, Hochul, hospitals, NY State

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Cybersecurity for Main Street: Dan Candee on Protecting Small Businesses | CEO of Cork Protection
SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

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00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
16:53 Navigating Cyber Insurance Policies
19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
26:05 MSP/ MSSP The Lingo decoded
29:05 Finals Thoughts and a bit of Hope!
SMBs Are Cyber Targets | Dan Candee on Cyber Resilience & AI | Cyber Insurance News Podcast EP#6
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