Recently, the healthcare industry has been battling an increasing number of security breaches. Most of the information, such as identities and financials, collected from these breaches are sold on the black market. However, the information can also be used to commit medical identity theft and fraud.
Law firms that support healthcare organizations are now becoming the target of hackers because they have valuable information, such as information on M&As and intellectual property. Several law firms have been considering the idea of an information sharing and analysis center to allow firms to share anonymously information about hackings and computer threats.
Cybersecurity must be a priority for all businesses. Investments should be made in technology to prevent infiltration of systems, rather than waste money on the damage aftermath. Proper measures should also be taken in an organization to ensure a culture that embraces information security.
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