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Cyberattacks on Small and Medium-Sized Practices are on the Rise

March 24, 2021

Cyberattacks on Small and Medium-Sized Practices are on the Rise
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According to an article recently published in the HIPAA Journal, there was a marked increase in cyberattacks focused on small- to medium-sized healthcare organizations in 2020. While larger healthcare organizations are still a target of cyberattacks, they often have more advanced IT security protections in place to protect their sensitive data. Small and medium-sized practices often have the same sensitive information but fewer protections in place, making them an easier target for cyber criminals looking to make a quick profit.

So how can healthcare providers improve their security and better protect their practices? The article offers some guidance on such issues as being aware of potential phishing emails, remote desktop vulnerabilities and out of date systems. LAMMICO offers insureds further cybersecurity guidance and education via the TMHCC CyberNET® resource. More information on that resource and our Cyber Liability Coverage is below.

Cyber Liability Coverage and Resources from LAMMICO

LAMMICO includes $10,000 of MEDEFENSE® Plus/Cyber Liability coverage in most provider policies at no additional charge to the insured. We also offer the option to purchase higher limits of protection through our subsidiary agency, Elatas Risk Partners, subject to underwriting, which will include questions that hone in on two factor authentication and back-up processes and procedures. Please contact Carly Thames, Elatas Account Executive, at cthames@lammico.com or 225.906.2062 for information about higher limits of Cyber Liability insurance. 

In partnership with our cyber risk experts, Tokio Marine HCC – Cyber & Professional Lines Group, LAMMICO offers our insureds complimentary access to TMHCC CyberNET®, the most advanced cyber risk management solutions inclusive of incident response plans, compliance and training materials as well as information addressing the latest trends in data breaches and cybercrime, including those concerns surrounding COVID-19. 

Registered lammico.com Members are encouraged to log in and access the TMHCC CyberNET® portal through LAMMICO Practice Solutions.

For more information about minimizing cyber security threats, please contact the LAMMICO Risk Management and Patient Safety Department at 504.841.5211.


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