Cybersecurity in the healthcare field has gone through a lot changes the past few years. In 2016 there was a significant jump in the total number of healthcare specific cybercrimes. According to SecurityIntelligence there was a 71% increase of confirmed data breaches in the healthcare sector from 2015 to 2016. Drilling down on that increase revealed that most of the jump was from external (aka "hacking" or ransomware or malware") followed by internal non-malicious (aka accidents from insiders). Trends are showing that cybercriminals have found more value in healthcare data and the potential for long term use is much higher because it is more difficult to change an individual’s "health data". Another eye-opener is that the type of healthcare entities affected is not limited to hospitals. Business associates, specialized care providers and healthcare plan have all been targets for cyber crime. Oncology, anesthesiology, orthopedic, and radiology are a few of the specific entities that were in the top 10 largest healthcare breaches of 2016. This data tells us that cybercriminals will target or find data outside of the large medical providers and may even be targeting the organizations that have lagged behind in implementing security controls.
For any business leader or CIO, navigating the world of cybersecurity insurance can be very complicated. It seems as if there are often more questions than answers, it can be difficult to know who you need to speak to in order to get what you need. This article will attempt to provide some direction, point out a few of the pitfalls, and help you to ask the right questions within your organization.
Not because budding entrepreneurs haven’t heard the horror stories, but it seldom ranks highly among things that directly generate cash or hurry a company to market. Like so many other priorities, cybersecurity often falls to the wayside in the early business stages.