January 28, 2021//Tony Howlett
Here is a list of the top five information security and privacy events of 2020 that happened in the healthcare space, as rated by the Chief Information Security Officer the premier provider of Vendor Privileged Access Management (VPAM) software to the healthcare sector, along with lessons learned to apply in 2021 so that we can grow from other company’s mistakes.
There were many more healthcare-related breaches and security events in 2020 than listed here, with over 500 healthcare organizations reporting breaches of over 500 patient records and attacks rising 45% year over year and accounting for 79% of reported incidents across all industries. As a result, HIPAA related regulatory fines and civil lawsuits continue to rise exponentially. Hopefully we can learn from these events and improve healthcare cybersecurity in the areas of ransomware protection, compliance with privacy laws, and third-party risk management so that 2021 will have fewer such news to report.