Over the past six months, cybersecurity attacks have increased around theglobe, many of which have specifically impacted the health careindustry. Accordingto a 2017 Healthcare Breach Report released by dataprotection company Bitglass, 328 U.S. health care firms reporteddata breaches in 2016, up from 268.

This year, the following attacks occurred: (1) In February,Californian Hollywood Presbyterian Medical Center paid cyberattackers $17,000 in Bitcoins to regain control of its systems; (2)a month later, Alvaro Hospital Medical Center in San Diego wasattacked but refused to pay; (3) additionally, Merck andPennsylvania’s Heritage Valley Health System were attacked; and (4)in July, Caro Community Hospital Medical Clinic and Quick Care(both located in Caro, Michigan) were attacked.

This past May, international headlines were made when one of thelargest “ransomware” attacks on records aptly named “WannaCry,”“WCry” or “Wanna Decryptor” was transmitted via email targetingvulnerabilities in computer systems. During this attack, cyberattackers took over computers, encrypted information, then demandedpayment of $300 of Bitcoin per machine to unlock the devices.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.