Cybersecurity vulnerabilities and intrusions pose risks for every hospital and health system, as well as its reputation.
Your organization can prepare and manage such risks by viewing cybersecurity not as a novel issue but rather by making it part of your existing governance, risk management and business continuity framework. You’ll also want to ensure that the approach you adopt remains flexible and resilient to address threats that are likely to be constantly evolving and multi-pronged.
Cyber Risk and Healthcare
Preventing cybercrimes is a 24-hour-a-day venture with criminals pinging systems thousands of times a day, so it would greatly benefit healthcare entities to outsource this responsibility to a company with the capacity to monitor security around the clock.
It is safe to assume that cyberattacks on sensitive data hubs in healthcare are a Hard Trend, with the cybersecurity market for healthcare being a burgeoning one with a greater purpose. But if cybersecurity is not your passion, cyber insurance is another option, where covered entities must conduct a thorough assessment of the threats and vulnerabilities, implement reduction measures, and ensure that any vendor or organization handling private health information is security compliant.
Both criminally savvy individuals and the rapid advancement of digital technology are Hard Trends; therefore, healthcare companies and outside entrepreneurs alike should pre-solve future problems before they become disastrous and use their anticipatory mindsets to help move the healthcare industry safely forward.
Solving Your Biggest Challenges
We understand the complex operational, third party, and technology risks inherent to healthcare organizations and have built a suite of services to help you solve your toughest risk management challenges.
Gather value information from your leaders to formulate a clear view of operational dependencies and critical risks. Use those risks to prioritize and formulate actionable strategies to minimize risk and increase organizational growth.
Featured Case Study
Effectively Assessing Cyber Risk To Help A World-Class Vc Firm Make Informed Decisions
Valorr led the assessment and evaluation of all cyber-related due diligence activities for a multi-million dollar equity transaction. The U.S.-based firm has more than 5,000 users across 10 countries.