Our healthcare systems are at risk of infiltration by threat actors, potentially disrupting services, compromising sensitive data, and even jeopardizing patient outcomes. Among the people addressing these challenges is Dennis Fridrich, VP of Cybersecurity at TRIMEDX, who not only understands these risks but also guides strategic responses to them.
In this Help Net Security interview, Fridrich delves into the hidden costs of cyberattacks on health systems, the role of insurers in promoting cybersecurity preparedness, and how organizations can better manage their cyber risk.
Since not all cyber breaches are reported, how can insurers obtain a more comprehensive understanding of the total cost and impact of cyberattacks?
Direct financial impacts of cyberattacks, whether they are ransom payments, lawsuits, fines, or fees for third-party service providers like ransom negotiators, are definitely a major factor in shaping cyber insurance. Yet they don’t always give the full picture. Finding additional ways to measure how a breach affects day-to-day operations within an organization can reveal a lot of hidden costs and help insurers understand what they need to prepare…
