Hospitals and health systems are falling behind in implementing better cybersecurity measures and will need to increase their investments in cybersecurity to better defend against attacks, a Moody’s report found.
Healthcare organizations are rich in data, and with the increased use of digital technologies as well as third-party softwares, this can create more vulnerabilities in which hackers can exploit, Becker’s notes. These attacks can also lead to disruption of medical operations and can compromise sensitive patient data, which can lead to increased regulatory pressure or reputational damage for a healthcare organization.
Healthcare organizations are lagging behind other industries at implementing better cybersecurity practices. The report said not-for-profit healthcare organizations are at a “very high risk” for cyberattacks and corporate healthcare organizations are at a “high risk” for cyberattacks. Read more.
