Healthcare businesses are already reeling from massive losses during the pandemic, and cyberattacks could cause further long-term damage beyond the initial attack. Research at Morphisec indicates that almost 3-in-10 consumers say they would consider switching providers if their records were breached in a cyberattack. Considering that same report found that 1-in-5 Americans say a cyberattack has impacted their healthcare provider in the past year, it’s undoubtedly worrying news for the entire industry. With this in mind, here are three avenues hackers are likely to exploit as healthcare becomes a more attractive target and what providers’ need to do to protect their sensitive data and safeguard the lives of their patients.
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Five recent political violence lessons from the global insurance industry
Cerberus last edited by
The social and economic impacts of political violence don’t often match. Terror attacks can accomplish their main objective of striking fear into a local population while not significantly interfering with commerce, and broad waves of unrest have the potential for supply chain disruption, local business closures lasting for days, and repair and remediation that can become quite costly. There’s a third category that doesn’t get enough attention in policy and academic circles: insurance industry losses.