Third-Party Risk Management In Healthcare: A Critical Role

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The healthcare sector, with its vast repositories of sensitive patient information, has become a prime target for cybercriminals. According to research, over one-quarter (28%) of all data breaches occurred within healthcare organizations, outpacing other sectors like financial services.

A particularly concerning aspect is that 35% of these healthcare breaches were linked to third-party vendors, underscoring the critical importance of third-party risk management in healthcare.

This trend highlights the critical need for third-party risk management in healthcare as a top priority for Chief Information Security Officers (CISOs). Implementing healthcare cybersecurity best practices is essential to safeguarding sensitive patient data and maintaining regulatory compliance.

As cyberattacks across the healthcare supply chain continue to rise, CISO strategies for healthcare security must evolve to address these complex challenges, focusing on mitigating third-party risks that could expose organizations to significant threats.

Why is Third-Party Risk Management in Healthcare Important?

Third-party risk management in healthcare has emerged as a critical component of a robust…

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