Ebook

A Favorable Prognosis: Healthcare at the Forefront of Cyber Risk

A Favorable Prognosis: Healthcare at the Forefront of Cyber Risk

Healthcare faces rising cyber risk driven by vendor-related breaches, ransomware, and growing litigation. A 2024 third-party tech breach exposed 190M individuals, underscoring supply-chain vulnerability. Ransomware remains severe, with long outages and multimillion-dollar impacts. Proposed HIPAA updates and new state rules will require stronger controls such as MFA, encryption, segmentation, and asset inventories. Breach lawsuits continue to climb, especially involving business associates. Many organizations remain underinsured or misaligned with exclusions, making proactive controls, vendor risk management, and updated cyber coverage essential.

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