October 24, 2024 at 05:19PM A recent study reveals that nearly 400 US healthcare organizations experienced ransomware attacks this fiscal year, leading to compromised data, operational disruptions, and increased patient volume. The average ransom paid has reached $4.4 million, highlighting healthcare’s vulnerability and the involvement of various nation-state actors in these cyberattacks. **Meeting Takeaways:** 1. … Read more
March 15, 2024 at 04:45PM Cybersecurity vulnerabilities in Ireland and Scotland highlight the precarious nature of protecting sensitive private healthcare data. From the meeting notes, it appears that there are concerns about vulnerabilities in cyber protections for sensitive private healthcare data in Ireland and Scotland, specifically referencing “whoopsies.” This suggests a potential fragility or uncertainty … Read more
March 5, 2024 at 09:48AM Investment firm Team8 raised $500 million, bringing its total assets to over $1 billion. It specializes in venture creation and venture capital, with a focus on cybersecurity and expanding into data, AI, fintech, and digital health. The new funds will be divided into three separate funds, supporting its unique venture … Read more
January 16, 2024 at 11:12AM The Internet of Things (IoT) devices offer great power and convenience, but also pose security and privacy risks. When purchasing IoT devices, it’s important to consider the company’s reputation, country of origin, security measures, and data privacy policies. Additionally, for healthcare-related IoT devices, it’s crucial to scrutinize data handling and … Read more
December 12, 2023 at 01:24PM Summary: The healthcare industry faces a significant cyber threat, with Electronic Health Records (EHRs) commanding high prices on the dark web. Ransomware attacks exploit the sector’s reliance on digital systems and patient care urgency. Healthcare organizations are urged to adopt vigilant, proactive strategies, including monitoring digital footprints on platforms like … Read more
November 14, 2023 at 12:40PM Truepill, a B2B pharmacy platform, has notified individuals of a data breach in which threat actors accessed sensitive personal information. The breach affects 2,364,359 people and includes data such as full names, medication types, demographic information, and names of prescribing physicians. Social Security numbers were not exposed. Multiple class action … Read more