Over 75 percent of all security incidents target a handful of industries — healthcare industry now ranks among the top-5 targeted industries. Keeping one step ahead of attackers will require a combination of measures, including robust system defences, analytics to stop intruders fast, and the ability to react quickly whenever an intrusion occurs
Healthcare continues to incur the highest average breach costs for the tenth year in a row- $7.13 million, up 10.5 percent from the 2019, as per the recent Cost of a Data Breach Study.
One of the most concerning elements is that the average time to identify and contain a breach was significantly higher for the sector. On average, it took all sectors an average of 207 days to identify a breach and 73 days to contain it: an average lifecycle of 280 days. But in healthcare, the lifecycle of a breach averaged 329 days – the longest period across all sectors.
Hence, despite being under constant pressure to lower the cost of healthcare to consumers, healthcare organizations simply cannot afford to make cyber security a low business priority and risk multimillion-dollar losses to a hard-hitting attack.
Why are Healthcare Information Systems a target for security threats? What are common healthcare security threats? How employees address data security issues in healthcare? What should you do if there is a security breach in healthcare organization? How can healthcare organizations minimize security threats to information systems and networks? How can healthcare organizations improve data security? And how can a health organization handle this much security? These are few of the queries which will be discussed, investigated and resolved during the upcoming CXO Digital Innovation Health Summit 2021.
Don’t miss the panel discussion titled, “How to Address Risk and Security in Healthcare?,” which includes panellists like Suresh Nadar, Group CIO, Dr Batras Group of Companies; Amit Thapliyal, Head-IT, Manipal Cigna; Pawan Chawla, CISO, Future Generali, and Vikram Jeet Singh, Director, Risk Consulting- IT Advisory, KPMG, on February 12, 2021 at 2PM.
The panel discussion will offer actionable insights on crafting an in-depth healthcare security strategy, anticipating security threats of the future, rethinking process controls with automated detection mechanism, and managing data protection with effective data governance. Be sure to register today.