In the first half of 2024, cyber liability claims severity rose 14% to an average loss of $122,000, largely due to ransomware, according to a Coalition Inc. report. Business email compromises were the top cause of loss, accounting for 32% of incidents. Businesses with more than $100 million in revenue saw the biggest surge, with claim severity up 140%.
OCR Announces Proposed Updates to HIPAA Security Rule, Raises the Bar for Healthcare Cybersecurity
The Office for Civil Rights (OCR) has proposed updates to the Health Insurance Portability and Accountability Act (HIPAA) Security Rule, seeking to enhance cybersecurity in
