TRIMEDX Senior Vice President of Cybersecurity Scott Trevino was recently featured on Help Net Security with his thoughts around cyber legislation and the specific impacts & changes that medical device cybersecurity leaders should be aware of now and prepare for moving forward.
Cyberattacks can cost lives — especially in the healthcare sector. Nearly a quarter of healthcare providers victimized by ransomware reported increased mortality rates following an attack, and 70% experienced longer hospital stays or procedure delays leading to poor patient outcomes. Congress is working to pass cybersecurity legislation, but the process is laborious. Consequently, healthcare systems must act to prevent security breaches and protect patients’ data.
More than two-thirds of healthcare providers are victims of cybercrime. In fact, according to the Department of Health and Human Services Office for Civil Rights statistics, an average of two healthcare data breaches occur each day, twice the rate of four years ago. Each breach is costing healthcare organizations an average of more than $10 million, based on IBM’s annual Cost of Data Breach Report. In 2021, attacks compromised 40 million people’s data, and since 2009, hackers have accessed data records representing 95% of the U.S. population.