Healthcare under attack. #Ransomware attacks are not just data-theft or financial crimes, they are threat-to-life crimes. And they are not just an IT issue, but a risk to every function of your enterprise.
Michelle Drolet’s Post
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#Ransomware attacks have dominated, accounting for over 70% of #healthcare #cyberattacks in the past two years. Read more about how healthcare cyberattacks are costing an average of $11 million per breach from Healthcare Finance News here: https://lnkd.in/gfmKweAY
Healthcare cyberattacks are costing an average of $11 million per breach
healthcarefinancenews.com
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The two most commonly used attack paths are 1. People and 2. Software. Protect those two attack paths to stop ransomware. The status quo approach to cybersecurity has failed and will continue to fail. A paradigm shift in how we implement cybersecurity controls is required.
While most #healthcare sector organizations hit with #ransomware attacks never imagine giving in to extortion demands, the pressures they face in dealing with the crisis often push about half of them to pay, said attorney Lynn Sessions of #BakerHostetler, speaking about the firm's healthcare clients. #HIPAA #healthdatabreach #ISMGnews
Why Many Healthcare Sector Entities End Up Paying Ransoms
healthcareinfosecurity.com
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In the last year, healthcare ransomware attacks have grown by nearly 300%. The Change Healthcare attack showed us just how devastating the impacts can http://be.Do you understand the risk and how to protect your practice? Here's an overview. #HealthcareSecurity #HealthcareRansomware https://hubs.la/Q02Gf4hk0
What You Need to Know About Healthcare Ransomware Attacks
blog.icoreconnect.com
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Spring is here, and it's when Brinson & Simpatico Benefits completes its HIPAA and security training. Recent reports on health care ransomware attacks highlight the importance of safeguarding sensitive patient information. Stay ahead of potential threats and protect your patients by ensuring that your team is well-trained and informed on best security practices. #HIPAA #securitytraining #healthcare #patientprivacy
Health care was biggest victim of U.S. ransomware attacks last year
axios.com
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The Heritage Valley Health System has to pay a USD 0.95 million fine to the HHS Office of Civil Rights (OCR). The system treats people in Pennsylvania, Ohio, and West Virginia. 💼🔒 ⚡ A ransomware attack in 2017 caused a security breach, forcing Heritage Valley Health System to pay $950,000 to OCR as a fine. The HHS Office for Civil Rights (OCR) and the Heritage Valley Health System came to an agreement in this regard. This is OCR's third settlement for ransomware complaints. According to an OCR report, instances of ransomware attacks have increased by almost 264% since 2018. ⚡ The OCR found after scrutiny that the Heritage Valley did not follow all of HIPAA's rules to keep patient information safe. They missed doing proper risk checks and didn't have enough safeguards for electronic patient data. ✅ Now, Heritage Valley will work on fixing these issues. They will fully look at the risks, make sure their policies are up-to-date, and teach their staff about HIPAA rules. OCR recommends that all health care groups follow the same rules to stay safe from online threats. 🔔 OCR Director Melanie Fontes Rainer stated, “Hacking and ransomware are the most common types of cyberattacks in healthcare. Safeguarding patient information protects privacy and ensures continuity of care, which is our top priority.”. ⚠ Don't become an effortless target. Is your business secure? Have you ever performed a Cybersecurity Risk Assessment (CSRA)? My team can help you identify the security risks in your business. Contact me for a free consultation. #CyberSecurity #HIPAACompliance #HealthcareSecurity #DataProtection #Ransomware #PatientSafety #Hipaa #DPCompliance
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In a world where healthcare and technology intersect, cyberattacks on hospitals are skyrocketing, posing a grave risk to patient safety. Recent assaults by ALPHV BlackCat and LockBit ransomware groups have sent shockwaves through the industry, targeting vital institutions like UnitedHealth and Fulton County. 💡 Here's what you need to know: - #ALPHV BlackCat and #LockBit are behind recent hospital cyberattacks, causing widespread havoc. - The tactics of these groups, including retracting claims and setting menacing deadlines, raise questions about their motives. - #Vulnerabilities like CVE-2024-1708 and CVE-2024-1709 are exploited, demanding urgent patching to prevent further damage. - US healthcare's vulnerability stems from regulatory complexity, legacy systems, and the lucrative nature of patient data. Read more here: https://lnkd.in/dfm4SwUk #Cybersecurity #HealthcareSecurity #RansomwareThreats #darkweb #hackernews #threatintel
Audacious Attacks, Evading Answers: Why LockBit, BlackCat Targeting US Healthcare?
http://thecyberexpress.com
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The global #healthcare sector faces a staggering 1,613 cyberattacks per week, quadrupling the global average. And the larger the cooperation, the higher the chance of a breach. This surge has led to a significant increase in costs for healthcare organizations. With the average breach cost nearing $11 million, healthcare is the sector paying the highest price for these hacks. Why so high? The hefty fines placed on these entities by the government gives these ne'er do wellers the gumption to ask for higher ransoms, figuring they would rather pay the ransom than deal with the aftermath. Experts say the best way to avoid them in the first place is training employees to spot phishing, as this is the most frequently used tool to steal data.
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Ransomware in Healthcare – How Far Will Attackers Go? Ransomware attacks on healthcare are devastating, at best – but deadly, at worst. The statistics on what happens when a healthcare organization falls victim to ransomware are sobering. According to a 2023 Ponemon Institute report: 43% of respondents stated that a data loss or exfiltration incident impacted patient care. Of those, 46% experienced increased mortality rates. And 38% saw increased complications from medical procedures. Ryan Golden, Ben Carr and Anthony M. Freed sat down in our Last Month in Security podcast to talk about recent ransomware attacks and statistics – including those making news in healthcare. Healthcare is a complex environment, with 24-hour a day operation, multiple shift changes, vast and sometimes legacy infrastructure, and a reliance on electronic systems for sharing records. Add regulatory requirements to the mix and it’s clear to see why healthcare is a prime target to cripple and ensure ransom payment. Knowing that a ransomware attack on a healthcare organization could potentially lead to unnecessary deaths or medical complications may have previously turned some RaaS groups off from attacking these organizations. But as the Halcyon team discusses – this no longer seems to be the case. Where the “gentlemen’s agreement” of years past, which involved certain groups staying away from healthcare, no longer seems to be in place. #cybersecurity #ransomware #healthcaresecurity #cyberattack #infosec
The Complications of Ransomware in Healthcare
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Ransomware attacks on the healthcare sector are particularly concerning due to the sensitive nature of patient data and the critical services that healthcare providers offer. Collaboration with cybersecurity experts and adherence to regulatory standards can also help mitigate risks and enhance resilience against future attacks.
#Healthcare sector entities have yet another #ransomware group to worry about, warn U.S. federal authorities. #Trinity - a relatively new threat actor - is targeting critical industries, including healthcare, with sophisticated double extortion attacks, said the U.S. Department of Health and Human Services in a threat alert. #HHSHC3 #HHS #ISMGnews #RaaS
Feds Warn Health Sector of New 'Trinity' Ransomware Threats
healthcareinfosecurity.com
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"H.R. 7898 limited penalties for health care providers whose patient records were breached in cyber attacks, as long as they had complied for one year with “recognized security practices.” These voluntary practices were self-designed by the health care sector, and experts find them to be far less than the bare minimum needed to protect health providers. More important, the bill terminated audits of attacked hospitals, the one window regulators could have into systemic vulnerabilities and poor defenses" https://lnkd.in/gwTHV4C5 #cybersecurity #hospitals #healthcare
Hospital Lobbyists Fought to Cut Penalties for Cybersecurity Breaches
prospect.org
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