Most Healthcare Organizations Have Paid $500K or More in Ransom Post-Cyberattack, Report Says

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A recent report by cybersecurity company Claroty reveals that over a quarter of organizations have experienced financial losses of $1 million or more due to cyberattacks. The healthcare industry is particularly vulnerable, with many organizations paying over $500,000 in ransom as a result of cyberattacks. The complexity of hospital networks and the rise of ransomware have contributed to the increase in attacks. Healthcare organizations are making strides in improving cybersecurity defenses, but still struggle with managing third-party risk. Investing in visibility tools, secure access controls, and threat detection capabilities is essential to prevent unauthorized access and protect patient data.

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