According to Jim Trainor, deputy assistant director of the FBI Cyber Division, “Major intrusions into healthcare providers’ computer systems now are happening at the pace of two or three a day.”
The largest healthcare data breach to date involved the insurance giant Anthem, in which about 80 million patient records were compromised. The cost of cleaning up the Anthem data breach is likely to exceed its $100 million cyber-liability insurance cap.2 Few healthcare organizations can handle a blow that devastating. Yet most healthcare C-suite leaders haven’t paid close enough attention to the fast-changing environment in data security.
Here’s the problem in a nutshell: many C-suites and boards lack the knowledge and experience to understand the scope and severity of the cyber-risk challenges they face, and few hospitals are exceptions. Hospital leaders place a high premium on quality of care, patient safety and financial stability – yet those priorities are all in serious jeopardy when their organizations take a fragmented approach to data security.
To view the rest of Bob Chaput’s article featured in Becker’s IT Health and CIO Review titled, “Making the Case for Comprehensive Cyber-Risk Strategies: 10 Startling Facts that will Spur C-Suite Action” click here.
Latest posts by Bob Chaput (see all)
- HIPAA Risk Analysis Tip – What Level of Detail is Adequate? - April 29, 2017
- HIPAA Risk Analysis Tip – How Comprehensive Must Your HIPAA Security Risk Analysis Be? - April 25, 2017
- HIPAA Risk Analysis Tip – Does OCR really use the “Guidance on Risk Analysis Requirements under the HIPAA Security Rule”? - April 23, 2017