How Hospitals Should Manage Cybersecurity Risks, Per Baptist Health’s CIO

How Hospitals Should Manage Cybersecurity Risks, Per Baptist Health’s CIO

The year 2023 is witnessing a surge in healthcare data breaches, with 40 million individuals affected in the first half, setting a potential record. The escalation of cyberattacks underscores the paramount importance of data security in healthcare systems. Recent research by IBM reveals that the average cost of healthcare data breaches has surged by over 50% in the past three years, now averaging $10.93 million. To fortify defenses against cybercriminals, health systems must foster transparent communication with their third-party vendors regarding data security risks. Collaborative risk management is essential. Aaron Miri, Chief Digital and Information Officer at Baptist Health, emphasizes the need for third-party partners to comprehend the challenges involved in safeguarding patient data across diverse technology systems. He cites Baptist Health's experience with implementing a new Epic electronic medical record system and its proactive risk management and cybersecurity approach during this transition.

Medigy Insights

In 2023, a surge in healthcare data breaches affecting 40 million individuals underscores the criticality of data security in healthcare. Recent IBM research shows a 50% increase in the average cost of healthcare data breaches, now at $10.93 million. To bolster cybersecurity defenses, healthcare systems must establish transparent communication with third-party vendors, emphasizing collaborative risk management. Aaron Miri, Baptist Health's Chief Digital and Information Officer, highlights the importance of third-party partners understanding the complexities of safeguarding patient data across diverse technology systems. 


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