How CFOs Can Prioritize Cybersecurity

According to the American Hospital Association, as of October 7, 2024, 386 healthcare cyberattacks have been reported. Although the average cost associated with a cyberattack has dropped from $10 million in 2023 to $9.8 million in 2024, these attacks still outweigh many other sectors, making healthcare the most expensive industry for such incidents.

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Five Strategies to Mitigate Cyber Risks

As regulatory bodies discuss what minimum cybersecurity requirements should be implemented, there are many actions hospitals and health systems can take to reduce exposure and limit liability proactively. Here are five of them.

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Healthcare Takes a Breath After Crowdstrike Scare

As of Monday morning, most of the affected systems are back up and running, and hospitals across the country are getting back to business as usual, with a few hiccups along the way. Experts say the global effect of the outage, which was still being felt in other industries, especially the airlines, could top $1 billion.

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Improving Cybersecurity in Healthcare Through Partnerships

While larger systems are usually the focus of headlines when attacks happen, Frank Forte, CEO of Anatomy IT, points out that the same problems faced by larger healthcare systems are exacerbated in the mid-market or smaller organizations, those with under a thousand full-time staff.

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