Eddie Chang, vice president of cyber risk management, bond and specialty insurance at Travelers, said that because hospitals and providers cannot survive without recovering patient files, ransomware attacks can often cause more severe consequences.
“When ransomware attackers see a doctor’s office, law firm or other professional organization, they will often set a relatively high ransom in belief that more money is available,” Mr. Chang told Bankinfosecurity.com.
Healthcare organizations don’t always have the money to hire digital forensic experts or rebuild the encrypted systems. In turn, hospitals and health systems may find paying the ransom is less expensive.
To read more, click here.
More articles on cybersecurity:
Ransomware attack locks CHI Health providers out of EHR database
Texas healthcare provider pays hackers in ransomware attack
Don’t put cybersecurity on CISOs’ shoulders –– Why board members aren’t doing enough
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.