Cybersecurity risks and issues in the healthcare industry are hurting businesses and consumers - Long 80 Web 2.O

1. Cybersecurity risks and issues in the healthcare industry are hurting businesses and consumers There are various ways that the cybersecurity risks and issues in the healthcare industry are hurting businesses and consumers. Healthcare business owners can implement some of these methods to reduce their risk of cyber-attacks. The cost of cyber-attacks is high for organizations of any size or type, but they tend to be more damaging to smaller companies, as these companies typically rely on IT systems that are less expensive than those used by larger companies. The top AI cybersecurity companies in the USA in operations management can help in healthcare-managed security services. Introduction: What are the risks and issues of cybersecurity in the healthcare industry? The healthcare industry has come under the threat of cyber attacks in recent years. This is due to the increased use of smart devices in healthcare facilities. It is also one of the leading industries that are impacted by cyber-attacks. Data theft and data loss are some consequences of these attacks. Patients’ personal information can be stolen which can lead to identity theft or fraud. The damage done to the

2. healthcare industry by these cyber attacks is not limited to financial losses but also affects patient care and service quality. Cybersecurity flaws that healthcare companies ignore will cost you dearly. In recent years, cyber-attacks have become a major concern for almost every business. There has been a huge increase in the number of healthcare companies that have been targets of these attacks. In 2017, healthcare companies were attacked at an average rate of one attack per day and lost $3.1 billion as a result. In 2018 this number increased to one attack every 2 minutes and $5 billion was lost as a result. This is likely to continue until we figure out how to solve these security issues and protect our healthcare companies from hackers and malware such as WannaCry or NotPetya. We should not pay heed to the fact that our health data might be compromised just because we're too scared to lose time testing different solutions for this problem which might be effective in the long run. What are the cybersecurity risks for healthcare companies? Healthcare companies are targets of cyberattacks. They are vulnerable to cybercrime because they need to maintain records of their patient's health information and share them with their providers. An average healthcare company deals with about 60,000 electronic records every day and has about 5,000 networked systems. The costs for healthcare companies in terms of losses from cybercrime can be as high as $400 million annually (Report: DBIR 2017). As more and more countries look into how to implement a universal healthcare system, the need for securing these networks becomes crucial. With the increasing concern over cybersecurity, there is a growing demand for security professionals who can protect these networks from cyber attackers. What are examples of healthcare data breaches? A healthcare data breach can be defined as "an illegal or unauthorized release of confidential patient information to an unauthorized third party, often with damaging consequences for the patient." There are countless examples of healthcare data breaches happening in different industries. The following are some examples of data breaches that have happened in the health care industry.

3. - A personal health record was put on sale by a hacker for $10 on the dark web. - The CEO of AdhereTech, a California-based firm that sells software to manage electronic medical records, passed away from injuries sustained after hackers attacked his company's office. He had been hacked before but was not informed about it. The hackers were able to put him under their control and make him do things against his will which resulted in his death Conclusion: How to minimize cybersecurity risks in the healthcare industry Cybersecurity is an integral part of the healthcare industry. Many cyberattacks happen every day and there are many ways to prevent them. It is very important to have a cybersecurity plan for all digital systems in the healthcare industry. Cybersecurity risks in the healthcare industry arise due to different factors. These include lack of understanding about cybersecurity, lack of proper training, and lack of knowledge about how policies to be implemented can minimize risk. To minimize these risks, each organization must have a security team that is knowledgeable about these factors and has a plan to implement policies accordingly.