News and Analysis

In 2023, the healthcare industry experienced over 124 million health records breaches. Interconnected third-party devices and outsourced functions increase vulnerability, heightening the risk of exploitation by cybercriminals. Author Jim Broome recommended healthcare organizations proactively prepare for potential security incidents through establishing comprehensive incident response plans and understanding external access weaknesses. He also highlighted the value of compliance with cyber risk insurance and preparing legal counsel for future incidents. He further stressed the importance of tabletop exercises and annual plan updates to ensure effective crisis management.