4 tips to improve security after Anthem, Premera hacks

The value of stolen medical records on the black market is reportedly high, incentivizing hackers to breach healthcare organizations. Thus, cybersecurity is becoming a significant business risk.

The recent hacks of Indianapolis-based Anthem and Mountlake Terrace, Wash.-based Premera collectively revealed more than 91 million patients' data, prompting healthcare executives to reevaluate their cybersecurity risks. San Jose, Calif.-based ThreatMetrix, a security analysis and solutions company, predicted that more healthcare security breaches would occur in 2015 because of the increasing number of hospitals transitioning their records to electronic systems, according to a news release.

Here are four tips from Threatmetrix to improve cybersecurity.

∙ Implementing unified fraud prevention that leverages a digital identity network can detect and prevent mobile online fraud while remaining flexible and responsible for customers, agents and brokers.

∙ Implementing updated device and malware detection capabilities can ensure insurance providers' systems are not breached due to stolen or third-party credentials.

∙ Leveraging anonymized shared intelligence on digital identities can connect users with their online activity and device-related behavior patterns beyond the confines of a company's network.

∙ Monitoring encryption effectiveness can ensure that if a hacker has found a loophole, it can be closed before illegal activity continues. Hackers began infiltrating Anthem's system 10 months before the hack was announced.

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