The report analyzed several factors to determine if a cyber event impacted a credit score. The report examined the nature and scope of the targeted assets or businesses, the duration of potential service disruptions and the expected time to restore operations.
Here are four points:
1. The report found cyberattacks are viewed as event risks because “timing and consequences of a successful attack are uncertain.”
2. Although healthcare institutions are increasing security measures to combat potential attacks, it is difficult to accurately assess an institution’s preparedness as the risk is complex and constantly changing.
3. In the last two years, approximately 81 percent of healthcare executives said their organization suffered a cyberattack.
4. In the next five years, nearly 25 million people will have financial data stolen from their provider’s IT systems, as found in an Accenture report.
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