Why is healthcare so bad at cybersecurity?

Cyber attacks targeted at the largest healthcare companies—whether it be payers, health systems, or payment processors, are happening at a rapid clip. The effects have been dire for our industry, particularly in the past few years. Health systems continue to pay huge sums—sometimes millions of dollars, often in crypto—to hackers because they cannot withstand ransomware attacks. The toll on patients is not well understood yet, but there have been reported incidents of avoidable fatalities, like ambulances diverted from hospitals or important missed health tests.

If you read the news in 2024, you can’t have missed the most prominent hack of the year—targeted at payment processing behemoth Change Healthcare. This...

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