J.P. Morgan's new Healthcare Banking White Paper on Cybersecurity shares the alarming statistic that, "in 2017, the industry most targeted by cybercriminals will be healthcare*." In fact, they say, "this year experts predict that attacks will jump by 50% as more criminals realize that hospitals are comparatively soft targets and that medical records hold much more valuable data than credit cards*."
The White Paper discusses the potential issues these cybersecurity threats pose to healthcare organizations as well as the costs associated with the ever-increasing amount of breaches and attacks. In J.P. Morgan's "Cybersecurity," Clearwater CEO, Bob Chaput, gives advice to readers on what to prioritize in building a cyber risk management program and the dangers of not doing comprehensive work to protect their organizations from cyber threats.
Chaput says, “as more and more digital technology is embraced by an industry that historically has not invested in safeguarding its information, the attack risks absolutely, positively increase." He also shares the importance of a risk analysis and how healthcare cyber threats have now evolved to a patient safety issue.
To learn more about Cybersecurity and receive J.P. Morgan and Bob Chaput's advice from "the front lines of the cybersecurity war," read the White Paper: