Analecta Cyber Company Blog: Getting Serious about Healthcare Cybersecurity

2016-09-19

Getting Serious about Healthcare Cybersecurity

Let's get serious about Healthcare Cybersecurity.

Healthcare organizations can't afford to remain on the receiving end of cyber attacks. Healthcare is at the top of the list of industries targeted by cybercrime. Hackers are increasingly exploiting healthcare practices to obtain sensitive patient information that can be traded up or used for substantial financial gains. Ransoms, extortion schemes and selling stolen data on the black market all provide incredible financial incentives for hackers - and they're continuing to bring in huge gains.


These incidents don't just damage normal business operations, they also bring massive financial damage to practice owners and other key stakeholders. According to recent studies, cybercrime revenues rose to $6.2 billion in 2016. The healthcare industry stores high-value data and the probability of hackers being stopped or caught is low resulting in more aggressive threats to the industry. Analysts don't expect these attacks will stop anytime soon.

Healthcare organizations need to actively engage cyber defense strategies and protections to reduce their risks to cyber attacks. Recently, the Ponemon institute released a report that highlighted the value of defensive protections like employee training, stakeholder buy-in and improved security controls.

Last year, 2015, was the worst year in healthcare cybersecurity. Over 100 Million record losses were reported to the HHS. Worse still, five of the eight largest cybersecurity attacks occurred in 2015. Some weaknesses involved in these attacks were more than 5 years old.

If you're ready to get serious about the defense of your healthcare information systems you need to eliminate weaknesses, or vulnerabilities, in your infrastructure.

In addition to strengthening your front lines of defense, active monitoring of security events ensure threats and attacks are identified early, saving nearly 1/3 of the costs associated with a breach. Specially designed detection systems are able to detect attackers early in the attack cycle and provide a practice the opportunity to stop an attack before damage is inflicted.