Although all healthcare data remains a top target for cyber criminals, a recent report from cybersecurity firm Critical Insight indicates that hackers have shifted from targeting large healthcare systems to now targeting smaller hospitals and specialty clinics. Breaches associated with specialty clinics rose from 23% in 2021 to 31% so far this year. Hackers also continue to target physician groups, with these attacks accounting for 12% of total breaches in the first half of 2022. The reason for this shift can likely be attributed to the fact that smaller facilities often have fewer defenses than larger hospital systems. However, there are measures that all hospitals, clinics and practices can take to better protect themselves against a cyberattack.
In partnership with our cyber risk experts, Tokio Marine HCC – Cyber & Professional Lines Group, LAMMICO offers our insureds complimentary access to TMHCC CyberNET®, the most advanced cyber risk management solutions inclusive of incident response plans, compliance and training materials as well as information addressing latest trends in data breaches and cybercrime. Registered lammico.com Members are encouraged to log in and access the CyberNET® portal.
LAMMICO includes $10,000 of MEDEFENSE® Plus/Cyber Liability coverage in most provider policies at no additional charge to the insured. We also offer the option to purchase higher limits of protection through our subsidiary agency, Elatas Risk Partners, subject to underwriting which will include questions that hone in on two-factor authentication and backup processes and procedures. Please contact Carly Thames, Elatas Account Executive, at email@example.com or 225.906.2062, for information on purchasing higher limits of Cyber Liability insurance.