Data-driven analysis of healthcare cyber risk insurance claims

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The new report, which undertakes a ‘deep dive’ into the subject matter, comes from NetDiligence, which is a provider of cyber risk readiness and response services. The report is titled “Spotlight Healthcare” and it is a data-driven analysis of cyber risk insurance claims in the healthcare sector. The report follows on from a wider NetDiligence “2017 Cyber Claims Study”.

Cyber liability insurance trends

The 2017 review was based on actual cyber liability insurance reported claims. These were used to illuminate the real costs of incidents from an insurer’s perspective, with the added aim of helping risk management professionals and insurance underwriters to understand the impact of data insecurity. The report also projects future trends.

Healthcare specific cyber risks

With the specific healthcare sector analysis, there are several points of interest. The first relates to organizational size. Here the analysis indicates that most of the recent insurance claims made related to small or mid- sized healthcare organizations. A second area of importance is with the relatively higher size of insurance related payouts for healthcare. Although healthcare claims comprised…

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