Data Breaches in First Six Months of 2021

A data breach is the process in which an organization or a company faces data loss of some important confidential information or it comes in the contact of unauthorized access or disclosure of data which is supposed to be hidden, such as when a customer’s personal data is lost or stolen, a database center storing all the information is hacked or that important information is mistakenly given to the wrong person, published by OAIC’s website.

The healthcare sector reported the most cases of a data breach at 85, which accounted for almost a fifth of all notifications, stated by OAIC in the biannual report.

According to researched and observations conclusion is that malicious or criminal attacks (48 cases) were the main source of breaches within the healthcare sector, from previous reports it is observed that such data breaches are results of human error which is a “significant shift”.

Thirty-one (31) cases are reported as cyber incidents, e.g., phishing attacks and ransomware.

There was a total of 446 data breaches registered in the first six months of 2021 including all the sectors in healthcare, such as finance, legal, accounting and management, insurance, and the government. This shows a 16% downfall as compared to the July-December 2020 period. Most notifications were made in March.

Malicious or criminal attacks were the leading source of breaches, making up 289 or 65% of the total notifications. The most common type of personal information compromised in breaches is contact information.

5,000 individuals or less almost 93% are affected by data breaches, on the other hand, 100 people or less almost 65% are encountered data breaches.

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Article courtesy: Healthcare IT news

All About Incident Response Plan and Why It Is Important for You Medical Center

An incident response plan is a standardized way to plan, identify, prevent, and recuperate from a suspected cybersecurity breach. It enables an enterprise to respond to cybersecurity incidents in a timely and efficient manner, thereby protecting its data, money, and reputation.

Being a victim of a cyber-attack is harmful enough, but companies who fail to take the necessary precautions may face litigation from employees or shareholders, as well as regulatory penalties. They will also discover that their insurance provider will deny their claim if they do not follow such pre-determined procedures.

A well-developed incident response plan should make sure that proper steps are followed. It usually comprises of the following elements.

  • what role the incident response plan plays in the organization’s overall mission.
  • How an organization approach an incident plan
  • Activities that must be completed during each phase of an incident response
  • The channel of communication between the IR team and organization members
  • A method to measure the overall effectiveness of incident response capabilities

Why Incident Response Plan Is Crucial

Cyber accidents are more than just technological issues; they’re also business issues. The quicker they’re dealt with, the less harm they’ll do.

IRPs shorten the time it takes to remediate an issue, which can have a big effect on a company’s budget. According to a 2017 IBM report, if cyberattacks are controlled within 30 days, the loss to the organization can be reduced by up to $1 million.

Despite the clear cut importance of an incident response plan, about 77% of the organization doesn’t have any IR plan (Ponemon)

These numbers are alarming, particularly when you realize that 57% of organizations say the time it takes to fix cyber incidents in their organizations is getting longer, and 65% say the seriousness of the attacks they’re facing is getting worse.

Creating And Incident Response Plan

Medical centers usually lack the in-house expertise necessary to create or implement a successful plan on their own. Whether they’re fortunate enough to have a dedicated team, they’re either tired from a barrage of false positives from their automated detection systems, or they’re too preoccupied with current activities to keep up with the new risks.

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