More than a third of third-party data breaches in 2023 affected healthcare organizations, surpassing all other sectors, SecurityScorecard research shows.
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Check out this article from Health IT Security to gain some insight about how costly a data breach in healthcare can be.
Why Are Healthcare Data Breaches So Expensive?
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As a leading provider in the healthcare space, SS&C knows the complexities of the sector. I've posted before about cyber threats and the frequency at which they are occurring and its in the news again. The cyberattack against Change Healthcare that began on Feb. 21 is one of the most serious incidents of its kind leveled against a U.S. health care organization. Nine days into the attack on Change Healthcare, a health care technology company that is part of Optum and owned by UnitedHealth Group, the effects are continuing to be felt throughout the entire health care system. According to recent news articles, Change Healthcare, as a company processes 15 billion health care transactions annually and touches 1 in every 3 patient records. These transactions include a range of services that directly affect patient care, including eligibility verifications and pharmacy operations, as well as claims transmittals and payment. All of these have been disrupted to varying degrees over the past several days and the full impact is still not known. The statement about cyber attacks "...it's not if, it's when...", has never been more true and having a thoughtful response plan at the ready could mean the difference in how your reputation emerges from the event. SS&C Flex has provided expert support for business events for over 30 years. Find out how SS&C Flex can help prepare you for what may be the inevitable. https://ow.ly/Ehgn30sArtA [email protected]
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Take your security seriously. It's worth the investment to prevent, instead of detect. "In response to active exploitation of a cybersecurity vulnerability, the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the Department of Health and Human Services (HHS) have released a joint announcement on what is believed to be the cyber-attack that impacted Change Healthcare. The advisory details the attack and provides information for medical practices and information technology staff to help strengthen your organization’s cybersecurity." Learn more: https://lnkd.in/gGQmFSad
It's more important than ever as a consumer and a corporation to boost your security stance in an ever expanding digital world. 🔴 "UnitedHealth Group continues to make substantial progress in mitigating the impact to consumers and care providers of the 𝐮𝐧𝐩𝐫𝐞𝐜𝐞𝐝𝐞𝐧𝐭𝐞𝐝 𝐜𝐲𝐛𝐞𝐫𝐚𝐭𝐭𝐚𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐔.𝐒. 𝐡𝐞𝐚𝐥𝐭𝐡 𝐬𝐲𝐬𝐭𝐞𝐦 and the Change Healthcare claims and payment infrastructure." Learn more below. Securing your code environment is just one step, contact us to help support your security stance today. https://lnkd.in/e8iHW5-a
Information on the Change Healthcare Cyber Response
unitedhealthgroup.com
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Not a TEDx Speaker | Managing Strategic Accounts (Healthcare & Life-Sciences) | Global Strategic Initiatives & Programs | Large Deals | Sales Enablement | Customer Success | Digital Innovation
Recent news of the data breach at Kaiser Permanente, affecting 13.4 million residents, serves as a stark reminder of the critical importance of data security in the healthcare industry. As one of the leading US healthcare providers, the breach underscores the vulnerability of sensitive information and the potential impact on individuals and the organization. This incident emphasizes the urgent need for robust data security practices within the healthcare sector. With the increasing digitalization of healthcare records and personal information, the potential for data breaches and cyberattacks is ever-present and constantly evolving. As we navigate the digital landscape, it is imperative that organizations prioritize data security to safeguard the sensitive information entrusted to them. Implementing robust security measures, such as encryption, two-factor authentication, and regular security updates, is crucial to mitigating the risk of data breaches and protecting patient privacy." #Healthcare #Databreach #ITSecurity #CyberSecurity #CustomerData
Health conglomerate Kaiser notifies millions of a data breach
reuters.com
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In 2023, healthcare had the costliest data breaches for the 13th consecutive year, with an average cost of $10.93 million. Be proactive and understand your security risks with Smarttech247 Free Level 1 Gap Analysis and get personalized recommendations. secure your healthcare operations here → https://hubs.la/Q02zqkgh0
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Healthcare Data breaches seem to be a common occurrence now a day, let Experis Health Solutions and ClearData help prevent your organization from being one of the statisics. Reach out to me if you’re interested in learning more.
A report from SecurityScorecard reveals that 35% of third-party breaches in 2023 impacted healthcare organizations, making it the sector most affected. Experis Health Solutions & ClearDATA are partnering to offer comprehensive assessments of your environment to ensure compliance and protect your PHI. If your organization is already secure, that's great. If not, we can help. Interested in learning how we’re assisting clients with similar challenges? Please message me to see if we can add value to your organization. https://lnkd.in/eGe6dHGU
Third-party data breaches continue to disproportionately affect healthcare | TechTarget
techtarget.com
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#LeadersSpeak | Overall, extensive adoption of digital health systems can improve healthcare performance and make it easier for a nation to accomplish its strategic objectives. However, unencrypted medical data is vulnerable, defeating the purpose of this integration. It is essential to strengthen security systems and implement a stringent legal and regulatory framework to safeguard patients and their health information, writes GE HealthCare's Joji George
Data Protection — these are the key cybersecurity imperatives for Indian healthcare providers
cnbctv18.com
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Hackers have been targeting the healthcare industry, making it crucial for healthcare professionals to protect patient data. In the event of a breach, New York levies heavy fines, making it even more important to take preventative measures. Stay vigilant and protect your patients' data. #cybersecurity #healthcare #patientdata #protectyourpatients
Health conglomerate Kaiser notifies millions of a data breach
finance.yahoo.com
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How has the healthcare industry become a prime target for cybercriminals? 'One of the primary motivations driving cybercriminals to target healthcare organizations is the high value of patient data on the black market.' Continue reading below. #DigitalTransformation #NHS #DigitalHealth #RPA #ITSolutions
Healthcare industry a prime target for cybercriminals: 4 crucial facts - Digital Health Technology News
https://www.healthtechdigital.com
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Healthcare experienced more cyberattacks than any other sector in 2023 (via @TechSpot's Rob Thubron). https://hubs.ly/Q02h_Fcp0 Discover how #WidePoint's IAM Solutions can protect and secure your healthcare institution! https://hubs.ly/Q02h_xNd0
Healthcare experienced more cyberattacks than any other sector in 2023
techspot.com
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