...CEO Senate hearing (Walgreens raising cash, Steward a tough sell) August landed hot and high with BetterHelp’s $790M impairment write-off sinking Teladoc’s Q2 and year. 23andMe’s exploding plastic inevitable arrives with Anne Wojcicki’s 40 cent/share offer. Is digital health investment rebounding or bouncing flatly? Walmart taking another crack by leasing clinics to CenterWell. Much more news in investment, M&A, cybersecurity, breaches–and autonomous delivery! Breaking: Teladoc’s Q2 sinks on $790M BetterHelp impairment; Wojcicki files to take 23andMe private (The flip side of innovation) Short takes: states curbing healthcare cyberattack liability, North Korean hospital ransomwareiste indicted, Walmart leases out 23 clinics to... Continue Reading
Search Results for breaches
TTA’s Steamy Summer 7: LetsGetChecked ponies up $525M for Truepill, SVB’s investment report, NeueHealth and Stewardship Health survive, and who’s ready for generative AI in practice?
...hearing (Walgreens raising cash, Steward a tough sell) August landed hot and high with BetterHelp’s $790M impairment write-off sinking Teladoc’s Q2 and year. 23andMe’s exploding plastic inevitable arrives with Anne Wojcicki’s 40 cent/share offer. Is digital health investment rebounding or bouncing flatly? Walmart taking another crack by leasing clinics to CenterWell. Much more news in investment, M&A, cybersecurity, breaches–and autonomous delivery! Breaking: Teladoc’s Q2 sinks on $790M BetterHelp impairment; Wojcicki files to take 23andMe private (The flip side of innovation) Short takes: states curbing healthcare cyberattack liability, North Korean hospital ransomwareiste indicted, Walmart leases out 23 clinics to Humana’s CenterWell,... Continue Reading
TTA’s Steamy Summer 6: a watch on 23andMe, Veradigm; fundings for Amulet, Levels, MD Ally; new healthtech VC fund debuts; Otsuka releases Rejoyn app; 510(k) clearances for Masimo and SleepioRx; Stryker buys Care.ai, more!
...health investment rebounding or bouncing flatly? Walmart taking another crack by leasing clinics to CenterWell. Much more news in investment, M&A, cybersecurity, breaches–and autonomous delivery! Breaking: Teladoc’s Q2 sinks on $790M BetterHelp impairment; Wojcicki files to take 23andMe private (The flip side of innovation) Short takes: states curbing healthcare cyberattack liability, North Korean hospital ransomwareiste indicted, Walmart leases out 23 clinics to Humana’s CenterWell, Nuro robot delivery revives, $100M Series E for Spring Health (Getting real on ransomware) News roundup: 4.3M HealthEquity member data breach, CrowdStrike health fallout, more Congress pounding of VA/Oracle; Flo app now unicorn (UK), fundings for... Continue Reading
Short takes: states curbing healthcare cyberattack liability, North Korean hospital ransomwareiste indicted, Walmart leases out 23 clinics to Humana’s CenterWell, Nuro robot delivery revives, $100M Series E for Spring Health
News that class-action specialist law firms won’t like. States are considering limiting hospital cyberattack liability if they adopt cybersecurity measures. Currently, four states–Tennessee, Connecticut, Ohio, and Utah–have laws that curb liability for cyberattacks and data breaches. A fifth state, Florida, is considering it with the governor, Ron DeSantis, pushing for a tougher version to encourage strong cybersecurity adoption. The state lawmakers’ rationale centers on the admission that cyberattacks on hospitals are inevitable and that when hospitals have security in place, they are not negligent. On the opposite side, law firms that specialize in consumer class-action lawsuits argue that hospitals would... Continue Reading
Perspectives: Embracing the Power of EiPaaS in 2024 and Beyond
...Often, healthcare providers hire vendors without vetting their cybersecurity stance, which puts their services and patients’ information at risk. In 2023, there were 725 large data breaches in the healthcare sector, exposing over 133 million records. Hacking incidents accounted for 79.72% of these breaches (The HIPAA Journal) (HHS.gov) (The HIPAA Journal). EiPaaS solutions feature up-to-date compliance, secure data sharing, and encryption, ensuring that digital services are safe and trusted. Scalability is another significant advantage of EiPaaS. One of the biggest benefits is the ability to grow and shrink based on customer demand. This flexibility allows healthcare providers to handle large... Continue Reading
News roundup: Change responsible for data breach notices; 37% of healthcare orgs have no cybersec contingency plan; health execs scared by Ascension breach; CVS continues betting on health services; Plenful’s $17M Series A
...last three years 42% of practices have experienced a ransomware attack, and of those, 48% say the attack impacted customer data 34% failed to recover data after the ransomware attack 55% of medical practices allow access to more data than employees need to do their job which makes them more vulnerable to attacks While 41% of data breaches are attributable to malicious hacking, another 39% are due to malware, 37% are due to social engineering and phishing scams, 36% are due to software vulnerabilities, and 30% are due to employee error. It would have been helpful if Software Advice in... Continue Reading
News roundup: UHG CEO’s Bad Day at Capitol Hill; Kaiser’s 13.4M data breach; Walgreens’ stock beatup; Cigna writes off VillageMD; Oracle Cerner shrinks 50%; Owlet BabySat gets Wheel; fundings for Midi, Trovo, Alaffia, Klineo
...Witty’s Senate testimony statement, House testimony statement Speaking of data breaches, Kaiser Permanente reported a big one to Health and Human Services (HHS). This relates to ad tracker information shared with third-party advertisers such as Google, Microsoft, and X. Kaiser used it in secured areas of their website and mobile apps. Information disclosed could be name and IP. Kaiser reported it on 12 April but only disclosed on 25 April that 13.4 million records may have been affected. The ad trackers have since been removed. TechCrunch, FierceHealthcare Walgreens stock not recovering. April was WBA’s worst month in five years and... Continue Reading
2023 US data breaches topped 171M records, up 187% versus 2022: Protenus Breach Barometer
2023’s US healthcare data breaches hit an all time high, both in reported breaches and number of records affected. Protenus, which publishes an annual Breach Barometer, uses multiple data sources including Health and Human Services’ public breach tool. The numbers are shocking for both: HHS 2023 reported 725 reports and about 135 million records Protenus‘ numbers are significantly higher: 1,161 reports and 171,139,241 breached records. In 2022, the totals were respectively 1,138 reports affecting a total of 59,664,152 breached records. Breached records were up 187% in 2023. The variance in reporting is due to factors including not knowing the true... Continue Reading
Weekend reading: AI cybersecurity tools no panacea, reality v. illusion in healthcare AI, RPM in transitioning to hospital-at-home, Korean study on older adult health tech usage
A potpourri of current articles. Hope you don’t feel like Pepper the Robot after you read them! AI won’t boost cybersecurity, that’s cutting corners (Cybernews) AI tools that make cybersecurity more effective and faster in response are increasingly available. They are estimated in a Techopedia article rounding up multiple studies to be a global market of over $133 billion by 2030. IBM claims that organizations with AI cybersecurity took 100 days less to identify and contain data breaches. Yet AI can also leave organizations more vulnerable to cyberattack. Hackers and ransomwareistes have been using AI for years in phishing and... Continue Reading
Short takes: Humana’s big MA loss (updated); Medicare telemental care bill back in Senate; HHS releases cybersecurity performance goals; Texas Healthcare Challenge hackathon 23-24 February
...directly address common attack vectors against U.S. domestic hospitals as identified in the 2023 Hospital Cyber Resiliency Landscape Analysis. As noted earlier this week, there were 116 million patient records exposed in 2023 data breaches, doubling that in 2022. HHS means well, but this is another ‘blood out of a rock’ situation. Health IT departments all over the US, from providers to payers, have had or are facing layoffs in the ongoing clash of business versus technology, which won’t cease because HHS would like it to. HealthcareDive, HealthcareITNews, The Texas Healthcare Challenge Hackathon is back! After three years dark, this... Continue Reading
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