Healthcare organizations, already an attractive target for ransomware given the highly sensitive data they hold, saw such attacks almost double between 2020 and 2021, according to a survey released this week by Sophos.
The outfit’s team also found that while polled healthcare orgs are quite likely to pay ransoms, they rarely get all of their data returned if they do so. In addition, 78 percent of organizations are signing up for cyber insurance in hopes of reducing their financial risks, and 97 percent of the time the insurance company paid some or all of the ransomware-related costs.
However, while insurance companies pay out in almost every case and are fueling an improvement in cyber defenses, healthcare organizations – as with other industries – are finding it increasingly difficult to get insured in the first place.
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Source: The Register