Cyber security risks in healthcare

1. Cyber security risks in healthcare industry With the growth of technology, healthcare industry is now at a higher risk for cyber security attacks. Cyber security risks in healthcare can cause a variety of negative effects to patients and healthcare services providers. Ransomware is now one of the most common cyber-attacks targeting hospitals and insurance providers. Hackers have been exploiting vulnerabilities in Microsoft Windows operating systems and Adobe Flash Player to launch ransomware attacks on hospitals across the world. Additionally, many hospitals have been victims of DDoS (Distributed Denial-of-Service) attack which is designed to cause disruption by overwhelming target server with high levels. The healthcare industry is one of the most vulnerable sectors to cyber-attacks. This is because they store sensitive and confidential health information and they have a large number of stakeholders with varying levels of security clearance. It is very difficult to create a cyber security solution that will safeguard all aspects of an organization because it requires a great deal of cooperation and buy-in from all parties. However, there are some ways that healthcare organizations can mitigate these risks. Cybersecurity risk mitigation strategies include: - Role-based permissions for access control: Access control gives you control over who can access your files, folders, drives and printers. It also helps you manage how long they can use these resources.

2. - Implementing secure coding practices: Developing secure coding practices is an essential part of the software development process. Not only will this increase the security of your software but it will also enable you to save money because you won’t have to pay for costly security audits. - Employing file encryption software: Security is no longer a luxury, but a necessity. With the ever-expanding cyber attacks and hacks, it’s important for businesses to protect their data and ensure that they don’t lose any valuable information. With the advent of mobile health apps, there is an increased risk of cyber-attacks on healthcare companies. This is because healthcare organizations are now more vulnerable to cybercriminals who are targeting these hospitals for their sensitive data. There are several ways that cybercriminals can gain access to sensitive information within a hospital. One way is with credential hacking, which involves the use of phishing emails and fake documents. Another way is through malware attacks or installing surveillance cameras in areas where confidential data is stored. The healthcare industry was one of the first industries to be faced with cyber security threats. There are many countermeasures that have been implemented in recent years to protect the industry from cyber risks. With cyber-attacks, data breaches, and digital identity theft becoming more common in the healthcare industry, companies are taking proactive measures to protect patient information. This risk may be new to many but it is important for all patients to know the risks involved in the healthcare industry. Cyber security threats have been on the rise with medical data being a priority target for hackers. What are the Top Immediate Risks to Healthcare Providers from Cyber Attacks? There are various risk factors that can come from cyber-attacks. The Top 5 Immediate Risks to Healthcare Providers from Cyber Attacks include: 1. Breach of Trust Risk: A recent study by IBM and Ponemon Institute revealed that trust in healthcare institutions is worth $43 trillion. The study also found that Healthcare organizations with big data literacy had an annual savings of $2.5 billion for each of their operations. IBM also

3. found that healthcare organizations who use data analytics and machine learning to gain insights into the causes and effects of major events, such as a breach or problem, enjoy 30% greater operational efficiency than those who don't. With companies like IBM and companies like Narrative Science using AI to assist in solving problems in healthcare, there is a high risk for the consumer and the business in terms of breaches in trust over privacy and security issues. 2. Privacy and Confidentiality Risk: The healthcare has been at the forefront of digital transformation. The use of smart devices to deliver services, patient data sharing, and patients' consent are some of the key aspects that have changed in recent years. Privacy and confidentiality can be in jeopardy in healthcare settings when they are not managed in a secure manner. With the growing concerns about data breaches, this is an important issue to consider in health care today. 3. Loss or Theft of Data and Assets: Data and assets are important in the healthcare sector. Patients need medical records to receive treatment, and hospitals need patient data to offer services. Data theft is one of the major concerns in this field. The loss or theft of data or assets has become a major issue for the healthcare sector, leading to significant financial losses for both patients and hospitals. The reasons behind these losses include poor IT governance practices, low IT security awareness among staff, lack of adequate backups, and lack of accountability for data protection. 4. Disruption to Patients’ Care and Services: Disruption to patients' care and services might be inevitable in the future due to new technologies. Some of these technologies are the Internet of Things, remote monitoring, telemedicine, virtual reality, artificial intelligence. AI will use these technologies to provide more personalized care for patients. For example, AI in healthcare sector might be used to analyze patient's data in order to identify early warning signs of a condition or disease. AI can also help doctors by providing more personalized feedback on patient's behavior and treatment options/strategies. 5. Data breaches: The risk of data breach is becoming more prominent as technology advances and companies gather more data than ever before. Threats like ransomware, phishing attacks, virus-infected email

4. attachments, and stolen laptops make it difficult for organizations to ensure security of their information systems.