A nursing home operator is seeking bankruptcy protection, citing the effects of a ransomware attack last fall and fallout from the recent Change Healthcare outage as factors that contributed to its financial woes. Also, a Senate bill aims to address cash flows for some health firms hit by an attack.
It's critical for hospitals and other firms to not only prepare for how they will respond to a cyberattack but also to consider the regional impact if a neighboring provider of services needed in the community is disrupted by a serious cyber incident, said Margie Zuk of Mitre.
The vast healthcare ecosystem disruption caused by the recent attack on Change Healthcare, which affected more than 100 of the company's IT products and services, underscores the concentrated cyber risk when a major vendor suffers a serious cyber incident, said Keith Fricke, partner at tw-Security.
The Department of Health and Human Services is working on grant programs and other financial programs to help under-resourced healthcare organizations deal with the cybersecurity challenges they're facing, said La Monte Yarborough, CISO and acting deputy CIO at HHS.
The Change Healthcare attack is already providing valuable lessons to healthcare firms - mostly about the importance of resilience, especially when it comes the industry's supply chain and third parties, said Nitin Natarajan, deputy director of the Cybersecurity and Infrastructure Security Agency.
Two weeks into a major cyberattack-induced outage at its Change Healthcare business, UnitedHealth Group is offering short-term financial aid to some healthcare providers whose cash flows may be running short because of the disruption in insurance payments. But not everyone is impressed.
Blue Monday arrived late this year for the LockBit ransomware-as-a-service group, after an international coalition of law enforcement agencies seized swaths of its infrastructure. Security experts said even if the down-at-the-heels group reboots, the disruption already stands as a big win.
In times of conflict, such as the Israel-Hamas war, intelligence becomes even more important than it is in peacetime. Red Curry, chief marketing officer at Tautuk, and his brother, Sam Curry, CISO at Zscaler, discuss the need for a combined intelligence strategy and better resilience in wartime.
Rumors are swirling about how the Department of Health and Human Services lost about $7.5 million in grant payments through a series of cyberattacks last year, including speculation over whether the incidents involved sophisticated AI-augmented spear-phishing or more commonplace fraud schemes.
As we bid farewell to 2023, Philip Reitinger, president and CEO of the Global Cyber Alliance, reflected on the state of global cyber hygiene, shedding light on what's working, what needs improvement, and the transformative shifts necessary to achieve a cyber-secure future.
Joe Kim, president and CEO of Sumo Logic, delved into the company's strategic shifts and future priorities after its acquisition by Francisco Partners this year. The company is now focusing on areas such as cloud-native scalability, technological advancements and a customer-centric approach.
Looking ahead to 2024, cybersecurity professionals and experts in artificial intelligence shared with ISMG their hopes for strong, responsible regulations and new partnerships with private sector stakeholders and international collaborators to keep pace with the evolving threat landscape.
In conjunction with a new report from CyberEd.io, Information Security Media Group asked some of the industry's leading cybersecurity and privacy experts about 10 top trends to watch in 2024. Ransomware, emerging AI technology and nation-state campaigns are among the top threats.
Educational institutions are prime targets for ransomware and other cyberattacks due to their open nature and troves of sensitive data, requiring continuous investment in cyber defenses and strong security practices, said Steve Zuromski, CIO at Bridgewater State University in Massachusetts.
Hacks on healthcare sector entities reached record levels in 2023 in terms of data breaches. But the impact of hacks on hospital chains, doctors' offices and other medical providers - or their critical vendors - goes much deeper than the exposure of millions of health records.
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