Clearwater's CFO, Mary Chaput, recently co-authored a white paper with Cliff Kittle, Principal Healthcare Information Security Expert at SecureWorks. "Justifying Cybersecurity Investment with a Warfare Mindset," caught the eye of Healthcare Finance News editor, Beth Sanborn; she saw Kittle and Chaput's recommendations in the white paper as a way to rethink today’s approach to cybersecurity and tackle one of the biggest challenges in healthcare.
Sanborn's article in Healthcare Finance News, "'Warfare mindset' key to justifying cybersecurity investment, experts say," was published on April 27, closely followed by another risk management piece, "Cyber Insurance options a 'wild west' for healthcare organizations," released on May 8, 2017.
Sanborn's April article focuses on the "Warfare Mindset" white paper, echoing Chaput and Kittle's call for a "new mindset and approach" to justifying investments in cybersecurity as opposed to the "usual standard by which investments are judged." Sanborn shares the warning from Kittle and Chaput's publication, "if we in healthcare don't start treating this as a war on our physical and financial wellbeing, we will lose." Sanborn says, according to Chaput, this is the "bottom line when it comes to convincing hospital and health system leaders that investments in cybersecurity are worth it."
In "Cyber Insurance options a 'wild west' for healthcare organizations," Sanborn continues to discuss struggles the healthcare industry faces as it makes financial decisions that will "protect them from hackers and other cybercriminals." This article highlights the cyber insurance component of a robust cybersecurity strategy, and a quote from Chaput provides its title. As Sanborn describes the "dangerous game of catch-up" the healthcare industry is playing "when it comes to understanding and implementing cyber insurance," she shares Mary Chaput's assessment that "it is wild wild west out there when it comes to cyber insurance."
Read Beth Sanborn's Healthcare Finance News articles quoting CFO, Mary Chaput: