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Ed Gaudet is CEO and Founder of Censinet -
Taylor Davis is Executive Vice President of KLAS Research
Controlling healthcare costs while delivering faster and better patient care is predicated upon the secure digitization and distribution of health information, from clinicians to medical devices to EMR and EHR systems, and more. The healthcare blueprint looks and operates much differently from what’s built for other industries, with vendors and other third parties supplying most of the components that make up today’s healthcare provider infrastructure. It’s increasing the attack surface area, which includes susceptibility to data breaches, vulnerability to ransomware, and attacks on medical devices.
Given the increase in ransomware attacks, it’s no surprise that cyber insurance rates are up by 50% or more, with coverages, deductibles, and CAPs tightening. The Wall Street Journal recently reported that more than 200 hospitals were victims of ransomware attacks resulting in over $100 million in extortion payments. Meanwhile, a leading healthcare CISO shared that patient records now garner $1,000 each on the dark web, more than 100 times that of other personal information. And…
