{"id":109806,"date":"2023-04-21t10:32:39","date_gmt":"2023-04-21t14:32:39","guid":{"rendered":"\/\/www.g005e.com\/?p=109806"},"modified":"2024-08-27t17:02:38","modified_gmt":"2024-08-27t21:02:38","slug":"cyber-insurance-costs-rise-in-health-care-as-attacks-soar","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/04\/21\/cyber-insurance-costs-rise-in-health-care-as-attacks-soar\/","title":{"rendered":"cyber insurance costs rise in health care as attacks soar"},"content":{"rendered":"<p><strong>just how will that affect health care costs for employers?<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-59064 size-medium\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/04\/richardson_cybersecuritysmallbiz-424x301.png\" alt=\"illustration of man pushing padlock button\" width=\"424\" height=\"301\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/04\/richardson_cybersecuritysmallbiz-424x301.png 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/04\/richardson_cybersecuritysmallbiz.png 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/04\/richardson_cybersecuritysmallbiz-600x426.png 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/04\/richardson_cybersecuritysmallbiz.png 692w\" sizes=\"(max-width: 424px) 100vw, 424px\" \/><\/strong><\/p>\n<p><em>by rick richardson<br \/>\ntechnology this week<\/em><\/p>\n<p>health systems \u2013 having already been hit by labor and supply chain costs and broader economic woes \u2013 have another unwieldy financial problem: the soaring costs of cyber insurance.<\/p>\n<p>moody&#8217;s investors service <a href=\"https:\/\/itegriti.com\/2022\/cybersecurity\/key-highlights-from-moodys-2023-cybersecurity-report\/\" target=\"_blank\" rel=\"noopener\">notes<\/a> that, while it\u2019s not sexy, the sheer size of cyber-crimes and insurers&#8217; reluctance to cover losses brought on by ransomware attacks are seriously impacting hospitals.<\/p>\n<blockquote><p><b>more tech this week:\u00a0 <\/b><a href=\"\/\/www.g005e.com\/2023\/01\/25\/beth-ready-chatgpt-what-it-is-why-you-need-to-know\/\">chatgpt: what it is. why you need to know.<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/03\/16\/blackbyte-ransomware-is-targeting-u-s-critical-infrastructure\/\">russia-linked ransomware back with a vengeance<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/02\/15\/amazon-aws-the-mainframe-killer\/\">amazon aws: the mainframe killer?<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2021\/12\/07\/amazon-to-launch-first-two-internet-satellites-in-2022\/\">amazon launching its first internet satellites<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2021\/11\/09\/russian-solarwinds-hackers-at-it-again\/\">russian solarwinds hackers at it again<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2021\/09\/30\/10000-quintillion-reasons-for-nasa-to-visit-asteroid-16-psyche\/\">nasa finds a $10 quintillion asteroid<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2021\/08\/17\/firms-must-balance-benefits-risks-of-emerging-technology\/\">firms must balance benefits, risks of emerging technology<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2021\/07\/25\/microsoft-and-google-go-to-war\/\">microsoft and google go to war<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-49700 size-full\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1603911598474.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/>exclusively for pro members.\u00a0<\/strong><a href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2023\/01\/24\/vector-databases-the-newest-tool-for-the-ai-era\/\">log in here<\/a>\u00a0or\u00a0<a class=\"external\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener\">2022世界杯足球排名 today<\/a>.<\/p><\/blockquote>\n<p>&#8220;the timing of the insurance price increase is bad for health care. there isn&#8217;t much room for error, &#8221; said matthew cahill, a moody&#8217;s analyst. there have been double-digit increases in premiums over the past four years, often more than tripling in a single year. according to a recent analysis from property casualty 360, the industry&#8217;s insurance costs have finally started to stabilize in the first quarter of 2023.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2023\/04\/21\/cyber-insurance-costs-rise-in-health-care-as-attacks-soar\/#more-109806\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  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href=\"mailto:?subject=cpa%20trendlines%20:%20cyber%20insurance%20costs%20rise%20in%20health%20care%20as%20attacks%20soar&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\r\n\r\n\r\n\r\n%20%20\/\/www.g005e.com\/2023\/04\/21\/cyber-insurance-costs-rise-in-health-care-as-attacks-soar\/\" title=\"email this: cyber insurance costs rise in health care as attacks soar \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li><\/ul><div class=\"clean\"><\/div> <\/div>","protected":false},"excerpt":{"rendered":"<p><strong>just how will that affect health care costs for employers?<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-59064 size-medium\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/04\/richardson_cybersecuritysmallbiz-424x301.png\" alt=\"illustration of man pushing padlock button\" width=\"424\" height=\"301\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/04\/richardson_cybersecuritysmallbiz-424x301.png 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/04\/richardson_cybersecuritysmallbiz.png 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/04\/richardson_cybersecuritysmallbiz-600x426.png 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/04\/richardson_cybersecuritysmallbiz.png 692w\" sizes=\"(max-width: 424px) 100vw, 424px\" \/><\/strong><\/p>\n<p><em>by rick richardson<br \/>\ntechnology this week<\/em><\/p>\n<p>health systems \u2013 having already been hit by labor and supply chain costs and broader economic woes \u2013 have another unwieldy financial problem: the soaring costs of cyber insurance.<\/p>\n<p>moody&#8217;s investors service <a href=\"https:\/\/itegriti.com\/2022\/cybersecurity\/key-highlights-from-moodys-2023-cybersecurity-report\/\" target=\"_blank\" rel=\"noopener\">notes<\/a> that, while it\u2019s not sexy, the sheer size of cyber-crimes and insurers&#8217; reluctance to cover losses brought on by ransomware attacks are seriously impacting hospitals.<\/p>\n<blockquote>\n<p><b>more tech this week:\u00a0 <\/b><a href=\"\/\/www.g005e.com\/2023\/01\/25\/beth-ready-chatgpt-what-it-is-why-you-need-to-know\/\">chatgpt: what it is. why you need to know.<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/03\/16\/blackbyte-ransomware-is-targeting-u-s-critical-infrastructure\/\">russia-linked ransomware back with a vengeance<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2022\/02\/15\/amazon-aws-the-mainframe-killer\/\">amazon aws: the mainframe killer?<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2021\/12\/07\/amazon-to-launch-first-two-internet-satellites-in-2022\/\">amazon launching its first internet satellites<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2021\/11\/09\/russian-solarwinds-hackers-at-it-again\/\">russian solarwinds hackers at it again<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2021\/09\/30\/10000-quintillion-reasons-for-nasa-to-visit-asteroid-16-psyche\/\">nasa finds a $10 quintillion asteroid<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2021\/08\/17\/firms-must-balance-benefits-risks-of-emerging-technology\/\">firms must balance benefits, risks of emerging technology<\/a>\u00a0|\u00a0<a href=\"\/\/www.g005e.com\/2021\/07\/25\/microsoft-and-google-go-to-war\/\">microsoft and google go to war<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-49700 size-full\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1603911598474.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/>exclusively for pro members.\u00a0<\/strong><a href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2023\/01\/24\/vector-databases-the-newest-tool-for-the-ai-era\/\">log in here<\/a>\u00a0or\u00a0<a class=\"external\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener\">2022世界杯足球排名 today<\/a>.<\/p>\n<\/blockquote>\n<p>&#8220;the timing of the insurance price increase is bad for health care. there isn&#8217;t much room for error, &#8221; said matthew cahill, a moody&#8217;s analyst. there have been double-digit increases in premiums over the past four years, often more than tripling in a single year. according to a recent analysis from property casualty 360, the industry&#8217;s insurance costs have finally started to stabilize in the first quarter of 2023.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2023\/04\/21\/cyber-insurance-costs-rise-in-health-care-as-attacks-soar\/#more-109806\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'>\n<ul class=\"socialwrap row\">\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2023%2f04%2f21%2fcyber-insurance-costs-rise-in-health-care-as-attacks-soar%2f&amp;t=cyber+insurance+costs+rise+in+health+care+as+attacks+soar'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-300px 0px'   \/> <span class=\"head\">like this on facebook<\/span><\/a><\/li>\n<li 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href=\"mailto:?subject=cpa%20trendlines%20:%20cyber%20insurance%20costs%20rise%20in%20health%20care%20as%20attacks%20soar&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\n\n\n\n%20%20\/\/www.g005e.com\/2023\/04\/21\/cyber-insurance-costs-rise-in-health-care-as-attacks-soar\/\" title=\"email this: cyber insurance costs rise in health care as attacks soar \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li>\n<\/ul>\n<div 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this site is optimized with the yoast seo plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>cyber insurance costs rise in health care as attacks soar - 卡塔尔世界杯常规比赛时间<\/title>\n<meta name=\"description\" content=\"actionable intelligence for tax, accounting, and financial professionals\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"\/\/www.g005e.com\/2023\/04\/21\/cyber-insurance-costs-rise-in-health-care-as-attacks-soar\/\" \/>\n<meta property=\"og:locale\" content=\"en_us\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"cyber insurance costs rise in health care as attacks soar - 卡塔尔世界杯常规比赛时间\" \/>\n<meta property=\"og:description\" content=\"actionable intelligence for tax, accounting, and financial professionals\" \/>\n<meta property=\"og:url\" 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