Cyberattacks rarely come with a warning, and when they hit, the damage can be fast and costly. From datarecovery to managing the fallout, a single breach can derail your operations for days or weeks. That’s where cyber insurance can step in to reduce the financial impact of an attack. However, not all policies offer the …
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Cyberthreats are evolving fast, especially with the rise of AI-powered attacks. That’s why a solid IT strategy isyour first line of defense, while cyber insurance acts as your financial safety net when threats break through. In this blog, we’ll explore why combining a strong IT strategy with comprehensive cyber insurance isn’t justsmart—it’s essential for protecting …
Read more “IT and Cyber Insurance: Why You Can’t Afford to Ignore Either”
In today’s digital age, cybersecurity isn’t just an IT issue; it’s a critical component ofbusiness operations, especially in sectors handling sensitive information. The recentResolution Agreement between the Department of Health and Human Services (HHS)and Syracuse ASC, L.L.C., a specialty surgery center in Central New York, serves as astark reminder of the potential consequences of neglecting …
Read more “Cyber Security: A Wake-Up Call from Syracuse ASC’s HIPAA Violation”
The Federal Trade Commission (FTC) has taken action against Global Tel*Link Corp. and its subsidiaries for failing to adequately secure personal data and notify consumers after a data breach. The breach occurred due to changes made by a third-party vendor to the security settings for the data stored in the cloud, leaving the personal data …
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Yakima Valley Memorial Hospital has settled with the U.S. Department of Health and Human Services’ Office for Civil Rights (OCR) for $240,000 after security guards accessed medical records without authorization. The hospital will update policies and procedures to protect patient information and train employees to prevent future breaches. OCR Director Melanie Fontes Rainer stressed the …
St. Joseph’s Medical Center has settled with the Office for Civil Rights (OCR) over a HIPAA investigation regarding the disclosure of patients’ protected health information to a news reporter. The medical center provided a national media outlet with access to COVID-19 patients’ information without obtaining written authorization. OCR determined that three patients’ information was disclosed, …
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In today’s rapidly evolving digital landscape, where cyber threats and vulnerabilities continually emerge, it’s obvious that eliminating all risk is impossible. Yet, there’s a powerful strategy that can help address your organization’s most critical security gaps, threats and vulnerabilities — comprehensive cyber risk management. It goes beyond technical controls and considers organizational factors such as …
Read more “How Effectively Managing Risk Bolsters Cyber Defenses”
Keeping sensitive data and critical tech safe from cyberattacks is crucial for businesses like yours. Your survival and growth depend on how well your organization can withstand cyber threats. That’s where cyber risk management comes into play. Businesses with solid cyber risk management strategies can build formidable cyber defenses and reduce risks without compromising business …
Read more “How to Achieve Strategic Cyber Risk Management With NIST CSF”
When creating a budget for your business, it’s important to remember that technology costs are more than just operational expenses. They should be considered an investment that can drive your organization toward unprecedented productivity, growth, and profitability. Your technology budgeting process shouldn’t just be about numbers and spreadsheets. Instead, it should be about shaping the …
Digital transformation is necessary for all businesses that want to thrive in today’s competitive market. It helps businesses like yours win new customers, improve efficiency, and increase profits. However, due to several misconceptions, many business owners hesitate to take the digital plunge. In this blog, we’ll discuss the most common digital transformation misconceptions and share …