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Cybersecurity for Healthcare Institutions

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Securing patient data is of critical importance to healthcare organizations and the businesses that support them. Sophisticated threat actors know that targeting healthcare organizations can pay off.

The average cost of a healthcare breach is more than $9 million, which is more than double the average cost for all other industries. An all-time high of 124 million healthcare records were breached in 2023.

Compliance within healthcare systems and securing them is no small task. Medical clinics, health insurers, and hospitals must adhere to strict healthcare privacy and security regulations like HIPAA and HITECH, but simply “checking the box” on security compliance is not enough.

Cybersecurity for Healthcare Institutions

Healthcare presents unique cybersecurity challenges

In healthcare, the stakes are high, providers can’t afford downtime. Ransomware attacks are not just disruptive — they can be a matter of life and death.

The same is true of organizations that support healthcare institutions. Insurers can’t fund lifesaving operations or process payments with compromised systems. Attackers can use sensitive patient data to commit fraud, identity theft, and more.

There’s a good reason why the healthcare industry is among the most commonly targeted by cybercriminals:

  • Healthcare organizations often have complex, extensive attack surfaces. In addition to the attack vectors all enterprises share, you have additional endpoints like medical equipment, Internet-of-Things (IoT) solutions, and personal devices.
  • PHI data has a high value on Dark Web marketplaces. Cybercriminals know they can rely on this data to run long-term scams, conduct health insurance fraud, and steal patients’ identities.
  • Healthcare breaches often put leadership in an ethical bind. Hackers know their demands are likely to be met because the alternative would involve compromising the health and safety of patients.

Healthcare providers need best-in-class security

Ransomware is a major threat for healthcare providers and their partners, but it’s not the only one. Healthcare organizations need to protect themselves from multiple risks, including:

  • Noncompliance fines. Organizations that fail to demonstrate compliance can face serious fines and reputational damage. Don’t let your organization be unprepared for an audit.
  • Insider risk and credential theft. Malicious insiders, negligent employees, and social engineering all represent insider risk. Very few security technologies can address these risks effectively.
  • Extortion attacks. Hackers may not need to encrypt sensitive data at all. They may simply steal it and threaten to publish it unless their demands are met.
  • Web application attacks. Healthcare web portals are vulnerable to web application attacks that can leak sensitive data to threat actors.
  • Supply Chain disruptions. Compromised systems can prevent providers from obtaining medicines and or equipment needed for day to day operations

Effectively managing these risks requires a comprehensive set of security solutions that cover every endpoint in the environment. Every interaction between users, devices, and applications on the network needs to be carefully analyzed for threat content.

Safeguard valuable data with proven cybersecurity solutions

The SOC Visibility Triad provides a valuable framework for securing healthcare systems against cyberattacks. This concept unifies three powerful technologies in a modern Security Operations Center (SOC) environment to ensure optimal protection against malware threats, credential-based attacks, and more.

The three pillars of the SOC Visibility Triad are:

  • Endpoint Detection and Response (EDR). Leverage real-time insight into unauthorized endpoint activity to catch threat actors before they launch disruptive attacks. Continuously scan laptops, smartphones, and medical devices for indicators of compromise.
  • Network Detection and Response (NDR). Detect attackers attempting to hide on your network. Analyze traffic between network assets and eliminate blind spots threat actors can use to conduct reconnaissance and lateral movement.
  • Security Information and Event Management (SIEM). Capture log data from every device on the network and pinpoint security threats as they occur. Investigate suspicious activities anywhere in your network with customized detection rules.

Rely on Lumifi for deep product knowledge and expertise

Lumifi is a managed detection and response vendor that specializes in 24/7 monitoring and response using best-in-class technologies. We have in-depth experience implementing each pillar of the SOC Visibility Triad and augmenting those technologies to provide robust protection.

We leverage a proprietary SOC automation tool called Lumifi ShieldVision™ to provide comprehensive insight into security alerts in near real-time. Our researchers and engineers continuously fine-tune our models to improve performance, reduce false positives, and detect the latest threats.

Rely on our expertise to guide your healthcare security implementation, with deeply customized rulesets that leverage User Entity and Behavioral Analytics (UEBA) to catch threat actors using stolen credentials to attack healthcare networks.

In fact, catching malicious insiders in healthcare institutions is one of the primary use cases behind UEBA technology. Traditional security tools can’t provide the depth and context security teams need to detect these attacks in a healthcare environment.

Demonstrate compliance with Lumifi’s help

Lumifi provides resources, expertise, and support for meeting strict healthcare compliance requirements. We can help your organization meet HIPAA regulations and keep patient PHI safe from external threat actors and inside risk.

We also support publicly traded healthcare providers who must provide data to the U.S. Securities and Exchange Commission (SEC) while adhering to the Sarbanes-Oxley (SOC) Act and other regulations. Our commitment to unlimited visibility and control helps healthcare leaders earn the public’s trust and successfully achieve their Governance, Risk Management, and Compliance (GRC) goals.

Lumifi has deep experience providing hospitals, clinics, and other healthcare providers with the tools and expertise they need to meet challenging GRC objectives. Learn more about our approach and capabilities implementing complex SIEM platforms for healthcare clients in this case study.

Find out how Lumifi can help your healthcare organization secure its processes with scalable product expertise supported by some of the world’s most advanced security technologies. Speak to a specialist to find out more.

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