US Healthcare’s Cyber Risk Vulnerability Is Rising

Article by Fitch Ratings

Date:

Author: Marcelo Soba

Cybersecurity is already a factor in Fitch’s ESG Relevance Scores for healthcare issuers, due to the social and governance aspects of attacks

The frequency and severity of attacks with respect to the number of individuals affected and costs to healthcare companies has increased over the past five years

Cybercrime in healthcare has increased during the pandemic, as the sector experienced periods of elevated patient demand and staff shortages