The Source for Cyber Insurance News, Insights and Data
Fewer healthcare organizations hit by ransomware are paying, a Ponemon Institute survey for Proofpoint finds. The costliest healthcare cyberattacks still averaged $4.2 million, mostly in downtime. The patient harm the study highlights may sit outside cyber cover. Healthcare organizations hit by ransomware are paying less often. In 2022, 51% said they paid. This year, 31% … 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
Amid growing concerns over cybercrime, the U.S. healthcare sector remains a prime target for cybercriminals. New research from SecurityScorecard indicates that the U.S. healthcare sector has achieved a “B+” cybersecurity rating for the first half of 2024. However, the report “The Cyber Risk Landscape of the U.S. Healthcare Industry, 2024” also highlights a significant supply … Read more
The Department of Health and Human Services (HHS) recently released a comprehensive guide on implementing cyber insurance for medium to large-sized healthcare organizations. Yesterday, we looked at their guidance for small healthcare organizations. Today, it’s medium and large organizations. Let’s take a look. Cybersecurity insurance is vital for businesses facing the growing threat of cyber … Read more
To bolster cybersecurity defenses specifically tailored for small healthcare organizations, the Department of Health and Human Services (HHS) has issued a one-page handout delineating the significance of cyber insurance and several implementation tips. Let’s take a look at it. Cyber insurance is a critical safeguard against the increasing onslaught of cyber threats. This protection offers … Read more