Home News [WHITE PAPER] Health Care Held Hostage - ARMING YOUR BUSINESS TO DEFEND AGAINST CYBERATTACKS

[WHITE PAPER] Health Care Held Hostage - ARMING YOUR BUSINESS TO DEFEND AGAINST CYBERATTACKS

Posted in: Cyber crime, Policy Information, Risk Mitigation

Posted on: by VGMInsBlogger

Health Care Held Hostage White Paper

ABSTRACT: The health care industry has become one of the top, if not THE top target for hackers. Health care data is rich with information hackers can exploit to make money.

Businesses in the health care industry are typically some of the larger employers in the community. Training a staff with a wide-range of technological experience is challenging, but it should be a priority.

According to McAfee, 43 percent of all company data loss or breaches are caused by employees. How many of your employees have access to email? Opening something as routine as an email attachment can expose your network to hackers.

The costs of a breach are skyrocketing across all industries, and breach-related fines from the government are greater than expected. Fines for data breaches have ranged from $500 to $2,500 (estimated) per record, depending on the government agencies involved, fees, and patient notification expenses. One health care provider lost 412 patient records and paid $650,000 in fines alone. In fact, insurance experts estimate that 60 percent of small businesses will go out of business within a year of having a major data breach.

Remember, hackers work full time, searching for ways to penetrate a business’s infrastructure to capture company and patient data. They will do anything they can to gain financially from IT oversight. 

Don’t risk it all. Arm yourself with these tools and practices to protect your business from online threats.


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