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Cybersecurity in healthcare to grow from reactive to proactive measures

Economic Times

Economic Times · 9m ago

Cybersecurity in healthcare to grow from reactive to proactive measures

Healthcare organizations are increasing their spending on cybersecurity, with hospitals allocating 8-10% of their IT budgets for preventive measures against cyberattacks. This is expected to rise to 12-15% in the next two years. The Deloitte India analysis highlights the need for proactive cybersecurity readiness in the healthcare industry, following recent data breaches and rising cyber threats. The report also emphasizes the importance of integrating cybersecurity into medical training and implementing comprehensive data privacy programs. Remote consultations through telemedicine are projected to increase, and cyber insurance policies are being adopted to mitigate financial risks from data breaches.

Related News

SECPOD PREVENT 2025: India’s leadership in cybersecurity innovation and the launch of Saner Cloud

Economic Times

Economic Times · 6m ago

SECPOD PREVENT 2025: India’s leadership in cybersecurity innovation and the launch of Saner Cloud

SECPOD PREVENT 2025, hosted by SecPod Technologies, marks a pivotal moment in the cybersecurity industry with its prevention-first approach. The conference, highlighting India's leadership in cybersecurity innovation, launched SecPod’s Saner Cloud, a Cloud-Native Application Protection Platform (CNAPP). Distinguished experts discussed shifting from reactive to proactive security to detect risks early. Chandrashekhar Basavanna, CEO, emphasized the need for proactive security as a necessity, calling it a crucial action point for modern enterprises.

How PolicyBazaar for Business is pioneering proactive risk management for fast-growing businesses

Economic Times

Economic Times · 1m ago

How PolicyBazaar for Business is pioneering proactive risk management for fast-growing businesses

Sajja Praveen Chowdary from PolicyBazaar for Business emphasized proactive risk management during the Economic Times Soonicorns Summit 2024. He outlined the various risks that fast-growing Indian businesses face, including issues with reputation, regulation, and cyber threats, largely due to the absence of standard risk management protocols and reliance on technology. PolicyBazaar offers a risk mitigation ecosystem aimed at transitioning businesses from reactive measures to proactive risk management to avoid potential chaos.

Microsoft outage disrupts services worldwide | Mint

Livemint

Livemint · 1y ago

Microsoft outage disrupts services worldwide | Mint

A widespread outage at Microsoft's Azure cloud service caused disruptions globally, including in India. The outage, initiated by an update from cybersecurity firm CrowdStrike, led to device crashes and impacted various industries such as transportation, banking, healthcare, and media. Flights in India experienced delays and cancellations, hospitals faced interruptions in patient services, and stock exchanges and payment systems worldwide were affected. Microsoft and CrowdStrike are working to resolve the issue, and the Indian government and regulators are taking steps to minimize disruptions. The incident highlights the importance of proactive defense strategies and cybersecurity measures.

Health Insurance: Shift From Reactive To Proactive Care

OutlookIndia

OutlookIndia · 3m ago

Health Insurance: Shift From Reactive To Proactive Care

The health insurance industry is shifting from reactive to proactive care, driven by a recognition of the benefits of preventive health measures. Post-COVID, there's a growing awareness of health and wellness, with consumers expecting more value from insurance beyond financial support. The industry is embracing wellness-oriented approaches, incentivizing healthy lifestyles to prevent diseases. This trend, aligned with regulatory guidelines, offers opportunities for insurers to expand their products and contribute to a healthier society.

FAA Oversight of Boeing Lacks Bite, Government Watchdog Says

Livemint

Livemint · 10m ago

FAA Oversight of Boeing Lacks Bite, Government Watchdog Says

- US government watchdog questions FAA's oversight of Boeing. - Report highlights FAA's ineffective processes for identifying and resolving production issues at Boeing. - FAA urged to shift from reactive approach to proactive, data-driven model. - Boeing facing scrutiny after recent safety issues. - Inspector general makes 16 recommendations for improvements in oversight. - FAA agrees with recommendations and commits to improving oversight processes.

Top-tier IT talent doesn't stick around in 'mid-market' organizations - which could also be a major security risk

Techradar

Techradar · 1y ago

Top-tier IT talent doesn't stick around in 'mid-market' organizations - which could also be a major security risk

A study by Advania reveals that mid-market organizations struggle to attract and retain top-tier IT talent, putting them at a greater risk of cybersecurity attacks. Despite prioritizing cybersecurity training, many businesses are failing to implement basic security measures such as firewall and antivirus maintenance. Additionally, the study found that talent retention is a major challenge, with only 2% of businesses successfully retaining excellent IT staff over two years. The report suggests that proactive budgeting and investments in cybersecurity, as well as focusing on talent retention, are crucial for these organizations.

Barracuda thought it drove 0-day hackers out of customers’ networks. It was wrong.

Arstechnica

Arstechnica · 1y ago

Barracuda thought it drove 0-day hackers out of customers’ networks. It was wrong.

In a significant cybersecurity incident, state-sponsored hackers from China, tracked as UNC4841, exploited a critical vulnerability in Barracuda's Email Security Gateway to gain backdoor access to sensitive organizations' networks. After Barracuda deployed a patch in May, the hackers countered with a sophisticated move, deploying never-before-seen malware called DepthCharge to ensure that newly deployed appliances would reinfect themselves. The well-orchestrated counterattacks highlight the financial resources and sophistication of the hackers. Mandiant researchers noted that a limited number of previously impacted victims remain at risk due to this campaign, emphasizing the importance of proactive cybersecurity measures. Read the full blog on source article from "View Source" button below-

Jewellery retailer Joyalukkas partners with Zoho for digital transformation of its global retail operations

IndianStartupNews

IndianStartupNews · 28d ago

Jewellery retailer Joyalukkas partners with Zoho for digital transformation of its global retail operations

Jewellery retailer Joyalukkas has partnered with Zoho to digitize its global operations, aiming to enhance efficiency and customer experience. The collaboration involves using Zoho’s Customer Experience Platform to unify sales, service functions, and customer data across more than 100 stores in India and 10 international markets. This transformation seeks to provide personalized, real-time customer engagement and establish a scalable foundation for future customer experience innovations, shifting from reactive to proactive engagement.

UnitedHealth hack could take months for full recovery

Economic Times

Economic Times · 1y ago

UnitedHealth hack could take months for full recovery

UnitedHealth Group, the largest US health insurer, faces a lengthy recovery period following a cyberattack on its Change Healthcare unit. The attack, launched by a hacking group known as ALPHV or BlackCat, has been one of the most disruptive to America's healthcare infrastructure. While UnitedHealth has not provided a timeline for full recovery, cybersecurity experts believe it could take months. The breach highlights the vulnerability of healthcare systems and the need for improved cybersecurity measures. ALPHV, a Russian-speaking cybercrime gang, has targeted several hospitals and small healthcare providers, showing persistence in its ransomware attacks.

Cybercriminals target SMEs as large companies beef up security

Economic Times

Economic Times · 11m ago

Cybercriminals target SMEs as large companies beef up security

Cybercriminals are focusing their attacks on small and medium-sized enterprises (SMEs) as larger organizations invest in cybersecurity measures. Hacker groups like Lockbit, BlackCat, and Akira are increasingly targeting SMEs in healthcare, retail, and manufacturing. Attacks on SMEs in India have significantly increased, with almost half of all incidents occurring in 2023. While only 10% of attacked large organizations paid ransom, 44% of SMEs paid amounts ranging from $25,000 to $100,000. The impact of these attacks can be devastating for SMEs, who struggle to recover financially and reputationally. Improved cybersecurity measures are necessary for protecting against prevalent threats.

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