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November 13, 2024

Healthcare Faces Tough Choices on Ransom Payments Amid Rising Cyber Threats

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Contributed by: Drex DeFord
Summary
Healthcare organizations are confronting a challenging decision regarding whether to pay ransomware demands after cyberattacks that risk sensitive patient data and critical services. The urgency to restore operations must be weighed against ethical and financial ramifications, as paying a ransom does not guarantee data recovery or future protection. Many providers experience severe operational disruptions and financial burdens from such incidents, prompting a search for best practices in cybersecurity. Experts recommend proactive strategies, including strong cybersecurity measures, staff training, and regular data backups, to minimize risks and reduce the likelihood of facing ransom demands in the first place. Collaborating with law enforcement and cybersecurity experts is also suggested to navigate the complexities associated with these attacks.

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