Review their systems and have third-party security

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Whats your take on the following summary regarding breaches.

In 2020, three notable data breaches took place in the healthcare sector. The first breach occurred at Dental Care Alliance, a third-party vendor that provides support services to over 320 affiliated practices in 20 states. The company detected abnormal activity in its systems on October 11 and discovered that hackers had access to its network from September 18 until October 13. The data that could have been breached includes patient names, treatment information, billing details, bank account numbers, and health insurance data. In response to the breach, DCA reviewed its network security, provided its staff with further security training, and upgraded its systems.

The second breach occurred at Sonoma Valley Hospital in California, where the hospital was a victim of a ransomware attack that lasted for several weeks. The attack resulted in a small subset of patient data being exfiltrated and posted on the dark web by Mount Locker ransomware actors. As a result, the hospital was forced to entirely rebuild its network and replace 50 computers to remove the virus. The patient data affected included names, contact details, birthdates, diagnoses, procedure codes, and claim amounts.

The third breach occurred when Conti and DoppelPaymer threat actors targeted Apex Laboratories and the Warren, Washington & Albany Counties Chapter of NYSARC. The attackers posted data that was allegedly stolen from the two organizations. Apex Laboratories is a mobile lab testing vendor, and WWARC provides support services for those with intellectual or developmental disabilities. This breach highlights the increasing success of data extortion in the healthcare sector, with half of the ransomware incidents resulting in extortion.

The legal consequences for the companies that were breached could include costly lawsuits, regulatory fines, and damage to reputation. Companies are required to provide notifications to the affected individuals and may also be required to provide credit monitoring services. Companies can use various tools to monitor the patients whose records were breached, including credit monitoring services and identity theft protection services. They can also provide affected individuals with information on protecting their data and what to do if they suspect their information has been used fraudulently. Defenses for affected companies include implementing strong security measures, such as regular software updates, firewalls, encryption, and employee training programs. It is also essential to have a plan in place in case of a breach, including notification and incident response procedures. Companies should regularly review their systems and have third-party security assessments to ensure they are secure.

Reference no: EM133368647

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