Healthcare DIVE September 8, 2022
Cybersecurity professionals say healthcare payments processing firms are particularly vulnerable to information technology breaches and ransom demands.
Companies that process payments for physician groups, hospitals and other healthcare providers are more vulnerable to hacks, information system breaches and ransom demands than their peers in other segments of the industry, cybersecurity professionals warn.
In a report last month, cybersecurity firm Critical Insight noted that two fintechs were hit with ransomware attacks since July 1, exposing financial and healthcare data from almost 3 million patients. The two breached fintechs were revenue-cycle management vendor Practice Resources LLC of Syracuse, New York, and accounts receivable manager Professional Finance Company, of Greeley, Colorado.
The fact that the IT systems at two fintechs were...
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