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TECHNOLOGY SOLUTIONS

Cybersecurity might not necessarily be top of mind, but the sheer amount of personal and financial data your practice holds makes it a prime target.  Protecting against cyber threats ensures patient privacy, data integrity, and overall trust in the healthcare system, and in this area it's always better to be safe than sorry. 

6 Security Tips for Healthcare Providers

Healthcare practices have always had reasons to worry about potential threats to their protected information. However, the dangers they face in the current environment are now significantly more sophisticated and more costly. Here are six tips to help bolster your practice's cybersecurity.

Provide Security Awareness Training

Training your staff provides greater return on investment than any other security initiative.

Multi-Factor Authentication

All methods of remote access to sensitive data (patient records, employee information, etc.) need to be protected by MFA.

Verify Backup Position & Ensure Recoverability

Architect a backup solution that meets your recovery timelines. Test and validate and secure your backup process and architecture.

Failing any of these can have dramatic cost in the event that backups are needed.

Cyber Liability & Crime Insurance

Insurance is a cost effective way to mitigate the financial cost of a breach. Without this, when hit by a major breach your practice is at risk of bankruptcy.

It is critical you understand the requirements of your insurance provider.

Identify Risk

Identify areas that are in need of improvement, so that they can be put onto the roadmap and improved over time. As your security posture improves, so too should the depth of your assessments.

Establish Policies & Procedures

Document and formalize your organizational security objectives. Ensure that you actually implement what you define and do not let your policies sit on a shelf and lose relevance.

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Why Your Healthcare Practice Needs to Prioritize Cybersecurity & Technology

With the rapid advancements in healthcare technology, knowing when and where to make upgrades in your practice is a crucial part of your decision-making role. 

CYBER INSURANCE CHECKLIST
 

Don't Risk Your Practice. Do Cyber Insurance Right.

The right cyber liability insurance is critical to your practice’s overall risk management.  

To help you navigate the increasingly rigorous and complex application and renewal process that’s become increasingly rigorous and complex, download this cyber insurance review checklist prepared by our IT experts.

Healthcare Technology
Navigating cyber Attacks
 

Healthcare Breach: Understand the Impact

Healthcare practices must prioritize proactive cybersecurity measures to protect patient data and ensure uninterrupted care. Cyberattacks can lead to devastating consequences, including privacy breaches, significant financial losses, and critical service disruptions. 

For updates on recent healthcare cybersecurity incidents, visit the U.S. Department of Health and Homan Services website.

FAQ
 

Top IT Questions from Healthcare Practices

Here are the five most common questions our healthcare clients ask advisors when it comes to their technology environment and cybersecurity measures.

If you have a question that's not answered in this FAQ, click here.

Why is cybersecurity so important for the healthcare industry?

Due to the large amount and nature of the data healthcare practices hold, they continue to be a prime target for cyberattacks. Reviewing and strengthening your cybersecurity infrastructure and policies ensures that both your and your patient’s private data is secure from outside threats. Staying prepared and minimizing risks can ensure long-term financial success and resilience.

Why do I need a cyber liability insurance policy and what do I need to know?

Insurance is a cost-effective way to mitigate the financial cost of a breach. The cost of a breach is high but imagine the financial harm that follows when your patients feel they can't trust your practice to keep their personal information secure.

 

One you obtain the insurance, ask if you have the correct policies and procedures in place so your insurance will cover a security breach. Keep in mind that it is always better to be proactive with your cybersecurity measures than to rely on your insurance.

Who should be involved in our cybersecurity processes?

Everyone in your practice should have some responsibility with your cybersecurity, it is an organization's problem, NOT just an IT Problem. 

 

All staff members should have regular monthly End User Security awareness training. This training with provide a greater return on investment than any other security initiative.

What is the highest entry point for healthcare data breaches?

62% of healthcare breaches originated from email. 

 

Source: Barracuda 2023 ransomware insight report

How many healthcare organizations actually experience ransomware attacks?

31% of healthcare organizations experienced one ransomware attack in 2023, 24% experienced two, and 5% experienced three or more. 

 

In actuality, these numbers are likely higher because some organizations either don't know they've been attacked or didn't report the incident. 

 

Source: Barracuda 2023 ransomware insight report