Remove 2011 Remove Due Diligence Remove Ransomware
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Third-Party Cyberattacks: The Healthcare Sector’s Achilles’ Heel

HIT Consultant

Earlier this year, Change Healthcare , a subsidiary of UnitedHealthcare, experienced a ransomware attack that came into the organization’s network through a third-party provider, resulting in a theft of 4TB of data and costing Change $22 million in ransom. healthcare organization.”

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Healthcare Data Breach Statistics

HIPAA Journal

There has also been a downward trend in improper disposal incidents and unauthorized access/disclosure incidents, but data breaches continue to increase due to a massive increase in hacking incidents and ransomware attacks.In In 2019, hacking accounted for 49% of all reported breaches. in 2015 and involved the records of 78.8

HIPAA 111
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The Value of an Enterprise Active Data Archive Begins with Patient Safety

HIT Consultant

According to WestMonroe (2021), a critical component of consideration during M&A target analysis and due diligence is the Information Technology (IT) supporting the target entity. Maintaining outdated systems may also bring an increase in risk around cyber security and the increasingly common incident of ransomware attacks.