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Cyber Insurance for Healthcare: What Are the Benefits and Requirements?

by HealthTechMagazine
February 24, 2023
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Cyber insurance for healthcare organizations has become increasingly important. As the industry undergoes digitalization and organizations’ attack surfaces expand, there is a growing need to adequately protect data from malicious actors.
Healthcare has seen a significant uptick in cyberattacks, and the sector continues to experience the highest average cost for data breaches, according to IBM’s annual Cost of a Data Breach report.
Many healthcare organizations, particularly rural health networks and community hospitals, are seen as softer targets because their IT budgets are relatively…

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