How Hospitals Should Manage Cybersecurity Risks, Per Baptist Health’s CIO

The year 2023 is witnessing a surge in healthcare data breaches, with 40 million individuals affected in the first half, setting a potential record. The escalation of cyberattacks underscores the paramount importance of data security in healthcare systems. Recent research by IBM reveals that the average cost of healthcare data breaches has surged by over 50% in the past three years, now averaging $10.93 million. To fortify defenses against cybercriminals, health systems must foster transparent communication with their third-party vendors regarding data security risks. Collaborative risk management is essential. Aaron Miri, Chief Digital and Information Officer at Baptist Health, emphasizes the need for third-party partners to comprehend the challenges involved in safeguarding patient data across diverse technology systems. He cites Baptist Health's experience with implementing a new Epic electronic medical record system and its proactive risk management and cybersecurity approach during this transition.