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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.

Bob Chaput

CEO at Clearwater Compliance
Bob is the CEO and Founder of Clearwater Compliance. He has 25 years of experience in the Healthcare industry, and his experience includes managing some of the world’s largest HR, benefits and healthcare databases, requiring the highest levels of security and privacy. Mr. Chaput continues to expand and update his knowledge base on HIPAA-HITECH compliance through postgraduate study, earning professional certifications and participating in professional healthcare and other organizations.
 
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