Cyber insurance is evolving in response to increasing cybersecurity threats and a competitive market landscape. Insurers are adjusting their policies to account for the rising costs associated with cyber incidents, leading to higher premiums and stricter requirements for policyholders. As companies seek coverage, they are faced with challenges related to accurately assessing their cyber risk and navigating the complex underwriting process, which is becoming more rigorous in light of recent high-profile attacks. The article highlights the need for businesses to adopt robust cybersecurity measures to secure favorable insurance terms.

Cyber Insurance Market Booms Amid Growing Cyber Threats and Fierce Competition Cybersecurity Dive

In the latest episode of the CIO Podcast, Mike Mainiero discusses the recent CrowdStrike outage, exploring its implications for healthcare organizations and cybersecurity strategies. He emphasizes the importance of incident response planning and the need for robust security measures to protect sensitive patient data in the face of evolving threats. The conversation highlights the lessons learned from this outage and how healthcare IT leaders can better prepare for similar challenges in the future.

Cybersecurity Alert: CrowdStrike Outage Highlights Risks for Healthcare Providers Healthcare IT Today

Lehigh Valley Health Network has reached a $60 million settlement regarding a data breach that compromised the personal information of over 3,000 patients. The breach, which occurred in 2018, involved unauthorized access to patient data stored by a third-party vendor. Affected individuals are advised to enroll in credit monitoring services and remain vigilant for signs of identity theft, as the settlement includes provisions for compensation related to the breach. The settlement underscores the importance of data security in healthcare settings.

LVHN Secures $60 Million Settlement for Massive Patient Data Breach Lehigh Valley News

The article discusses the organizational structure and relationships between the Chief Medical Informatics Officer (CMIO) group and the Chief Information Officer (CIO) group within healthcare organizations. It explores whether these groups should work collaboratively as a unified team or operate as distinct entities, highlighting the implications for healthcare IT strategy and governance in fostering effective communication and integration of clinical and technological initiatives.

Navigating Leadership: Uniting CMIO and CIO Roles in Healthcare Innovation Healthcare IT News