Cyber Security Insurance for Healthcare
Discover how cyber insurance for healthcare can help your organisation.
Cyber security insurance for healthcare helps healthcare organisations manage the financial and operational impact of cyber incidents, including data breaches, ransomware, and system disruption. Cover can be tailored to your organisation’s risk profile, technology environment and regulatory requirements, subject to policy terms and conditions.
It’s crucial to be aware of the top cyber security risks that can potentially compromise patient data, disrupt operations, and jeopardise the integrity of the healthcare system.
Canopius is experienced in cyber insurance that is uniquely tailored to the healthcare industry. Our cyber insurance for healthcare ensures your business is protected in the event of a cyber breach.
We support with proactive services like threat intelligence reports, security reports and webinar training.
Top Five Cyber Security Challenges Faced by the Healthcare Industry
Healthcare organisations face numerous cyber security challenges as they work to secure their data and systems against cyber threats. Some of the top cyber security challenges healthcare organisations face include:
Legacy Systems
Healthcare organisations often rely on outdated workstations and networked medical equipment. These legacy systems frequently have unpatched vulnerabilities, making them easy targets for attackers.
Data Breaches
With the advent of electronic health records, healthcare organisations store vast amounts of sensitive data that must be accessible to patients. Balancing security and accessibility is challenging, making it harder to protect this data from unauthorised access and potential breaches.
Insecure Medical Devices and Equipment
The rise of the Internet of Medical Things (IoMT) means healthcare organisations depend on an increasing number of networked devices. Like other IoT devices, IoMT systems often have poor security. This creates new weak points that attackers can exploit to access the organisation’s systems and patients’ sensitive data.
Ransomware and Malware
Ransomware attacks are common in healthcare. This is due to the value of their data and the likelihood organisations will pay to restore operations and resume patient treatment.
Distributed Denial of Service (DDoS)
A DDoS attack aims to deny access to applications or systems by overwhelming them with excessive traffic. Cyber criminals increasingly use DDoS attacks as part of ransom campaigns, sometimes combining them with ransomware or data theft.
Threat Intelligence for the Healthcare sector
Our Threat Intelligence capability stands at the forefront of cyber risk management, powered by expert analysts and the latest technology. We offer a unique, comprehensive view of the cyber threat landscape built upon rich data collected by our premium threat intelligence feeds and platforms.
- Quarterly reports that address the current threat landscape specific to the healthcare industry.
- Keeps your organisation informed about emerging cyber threats and vulnerabilities.
- Tailors cyber security recommendations to the unique needs of your healthcare business.
- Helps implement the best defence strategies to reduce the risk of cyber breaches.
- Led by our Threat Intelligence team, our webinars guide and protect your business.
- Keep staff informed and educated about the latest cyber security practices.
Explore how insurance for cyber security can further protect your healthcare organisation.
Incident Response Management in the Healthcare Sector
Your entire organisation is at risk as cyber attacks increase in volume and complexity. Loss of customer data and damage to systems can occur.
If your business experiences a cyber threat, you need an instant response. As your insurer, we offer expertise and services that can instantly assess your situation and begin to mitigate the incident.
- Offers instant assessment and mitigation services if your business experiences a cyber breach
- Ensures a coordinated and efficient response to minimise damage.
- A global panel of expert providers which include digital forensics, legal assistance, public relations, ransomware negotiation and data mining to name a few.
- Our team is dedicated to guiding, coordinating, and fully supporting your business.
- Our aim is to resume normal operations as quickly as possible.
Speak to one of our specialist underwriters
