As ransomware and other cyberattacks continues to proliferate, organizations must improve vendor risk management so they have a plan in place in case a business associate falls victim, says Mitch Parker, CISO of Indiana University Health System, who will speak at ISMG's Healthcare Security Summit in New York.
Organizations must carefully monitor that their business associates are adequately addressing data security to help guard against breaches, says Mark Eggleston, CISO at Health Partners Plans, who will speak on vendor risk management at ISMG's Healthcare Security Summit, to be held Nov. 13-14 in New York.
With at least 20 billion new consumer devices set to be internet-connected by 2020, initiatives in the U.K. and California are trying to ensure that as many IoT devices as possible will be out-of-the-box secure, for starters by not shipping with default passwords.
Healthcare organizations often fail to address five fundamental elements of a solid cybersecurity program, says security expert Mark Johnson of the consultancy LBMC Information Systems, who formerly was CISO at Vanderbilt University and Medical Center.
Because business associates have been culprits in heath data breaches impacting millions of individuals, healthcare entities need to be diligent in taking steps to reduce the persistent risks these vendors pose, says privacy and security expert Susan Lucci.
Security ratings are increasingly popular as a means of selecting cybersecurity vendors. But Ryan Davis at CA Veracode also uses BitSight's ratings as a means of benchmarking his own organization for internal and external uses.
Why did CISOs at a half-dozen leading healthcare organizations launch a new council aimed at standardizing vendor security risk management? One of those CISOs, John Houston of UPMC, explains why the group was launched, how it will work and why managing cloud vendor risks is a top priority.
A new council of healthcare CISOs hopes to work together toward improving uniformity and efficiency in the way organizations review the security controls and practices of third-party vendors that handle sensitive patient data.
Philips and Becton Dickinson have each issued multiple alerts this year regarding cybersecurity flaws in some of their medical devices. Some security experts say the two companies' transparency about cybersecurity issues - including new alerts issued last week - should be emulated by other manufacturers.
"Our risk landscape has changed from protecting the things that we operate to protecting the things that we buy, and that's why third party risk management is the place where people are really focusing," says Joel de la Garza of the venture capital firm Andreessen Horowitz.
Australian medical booking platform HealthEngine offered AU$25 (US$19) gift vouchers to dental patients who sent photos of their treatment invoices to the company, which it positioned to patients as "invaluable" research. Privacy experts say the company may have fallen afoul of Australian privacy guidelines.
A new initiative by the Cyber Readiness Institute aims to promote best cybersecurity and vendor risk management practices to smaller enterprises. RiskRecon founder and CEO Kelly White offers his perspective on converting standards to practices.