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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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How healthcare organizations and patients are increasingly at risk from cyber threats

Tech Republic Security

A majority of IT pros working at hospitals who were surveyed by Armis said they've seen a rise in cyber risk over the past 12 months.

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Episode 235: Justine Bone of MedSec on Healthcare Insecurity

The Security Ledger

In this episode of the podcast (#235) Justine Bone, the CEO of Medsec, joins Paul to talk about cyber threats to healthcare organizations in the age of COVID. Justine’s firm works with hospitals and healthcare organizations to understand their cyber risk and defend against attacks, including ransomware.

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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

For example, the healthcare sector, a prime target for these types of attacks , planned to spend $125 billion to defend against breaches from 2020 to 2025. On top of this, a significant 41% of victims opted to pay the ransom, which is a difficult decision that's fraught with its own respective complexities and risks. Let's find out.

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REvil ransomware operators breached healthcare org Valley Health Systems

Security Affairs

REvil ransomware operators claimed to have breached another healthcare organization, the victim is Valley Health Systems. Healthcare organizations are a privileged target of hackers due to the sensitive data they manage. The organization operates over 40 healthcare facilities with over 400 employees working across all their centers. .

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New York Takes Bold Stance Against Hospital Cyber Attacks

SecureWorld News

In a groundbreaking move, New York Governor Kathy Hochul has unveiled a comprehensive cybersecurity strategy that aims to safeguard the state's critical infrastructure, specifically its healthcare sector. These draft regulations build upon the statewide cybersecurity strategy Governor Hochul released in August.

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Deciphering the Omnibus for Medical Device Security

NetSpi Executives

This shift aims to enhance the safety and integrity of medical devices, emphasizing the importance of cybersecurity in healthcare. Notably, the law is characterized by its foundational correctness and forward-looking approach, ensuring adaptability to evolving cyber threats.