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Consider the Change Healthcare breach of 2024, costing $3 billion (and rising) and exposing 190 million individuals data. The lapse didnt just hit hospitals; it disrupted insurers, pharmacies, providers, and patients nationwide. Private Equity: The Overlooked Cybersecurity Front Other players amplify the stakes.
Department of Justice should step up enforcement of the False Claims Act against medical providers who accept Medicare and Medicaid payments but fail to implement a reasonable level of cybersecurity. Vendors should be ready to assist with data extracts when a hospital comes calling and hospital IT should leverage these relationships.
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