Cyber Insurance

Cybersecurity Preparedness Tied to Lower Insurance Premium Increases

February 27, 2024 - Surveyed healthcare organizations that used the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) as their primary framework saw lower cyber insurance premium increases compared to those that had not adopted the NIST CSF, the 2024 edition of the Healthcare Cybersecurity Benchmarking Study revealed. The study is the...


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CommonSpirit Raises Estimated Losses From Ransomware Attack to $160M

by Jill McKeon

CommonSpirit Health’s latest unaudited quarterly report showed that the large-scale October 2022 ransomware attack on the health system may have incurred approximately $160 million in losses. The...

Orgs Adopt Healthcare Cybersecurity Tech to Keep Cyber Insurance Premiums Down

by Jill McKeon

Surveyed healthcare cybersecurity leaders reported leveraging multifactor authentication (MFA), identity and access management, and privileged access management (PAM) solutions in hopes of lessening...