help@coveryou.in
1800-202-6900
Professional Indemnity Insurance
  • Doctors
    • Professional Indemnity
    • Health Insurance
    • Motor Insurance
    • Term Insurance
    • Life Insurance
    • Home Insurance
  • Hospitals
    • Professional Indemnity
    • Property Insurance
    • Public Liability Insurance
    • Money Insurance
    • Comprehensive Package Insurance
  • Knowledges
    • Doctors
      • Do’s
      • Don’t
      • Bail & Anticipatory Bail
      • How To Prevent Mishap
      • Supreme Court
      • Criminal Liability
      • Indemnity
    • Hospitals
      • Requirements For Hospital
      • Regulatory Requirements Of Blood
      • Bio-Medical Waste Management
      • Death In OT
      • Vicarious Liability
      • Risk Management
    • Acts
      • Sections Of India
      • CPA
    • Case And Judgment Summaries
    • Press Release
    • Recent Medico-Legal Cases
  • Renew
    • Doctors
      • Renew Professional Indemnity
      • Renew Health Insurance
      • Renew Motor Insurance
      • Renew Terms Insurance
      • Renew Life Insurance
      • Renew Home Insurance
    • Hospitals
      • Renew Professional Indemnity
      • Renew Property Insurance
      • Renew Public Liability Insurance
      • Renew Money Insurance
      • Renew Employee Dishonesty Insurance
      • Renew Comprehensive Package Insurance
  • Claim
    • Claims Assistance
    • Track Claims
  • Support
    • Buy Now
    • Policies
    • Find A Medico-Legal Lawyer
    • Find Senior Doctor
    • Get Help
    • Manage Communication Preferences
Buy Policies
  • Doctors
    • Professional Indemnity
    • Health Insurance
    • Motor Insurance
    • Term Insurance
    • Life Insurance
    • Home Insurance
  • Hospitals
    • Professional Indemnity
    • Property Insurance
    • Public Liability Insurance
    • Money Insurance
    • Comprehensive Package Insurance
  • Knowledges
    • Doctors
      • Do’s
      • Don’t
      • Bail & Anticipatory Bail
      • How To Prevent Mishap
      • Supreme Court
      • Criminal Liability
      • Indemnity
    • Hospitals
      • Requirements For Hospital
      • Regulatory Requirements Of Blood
      • Bio-Medical Waste Management
      • Death In OT
      • Vicarious Liability
      • Risk Management
    • Acts
      • Sections Of India
      • CPA
    • Case And Judgment Summaries
    • Press Release
    • Recent Medico-Legal Cases
  • Renew
    • Doctors
      • Renew Professional Indemnity
      • Renew Health Insurance
      • Renew Motor Insurance
      • Renew Terms Insurance
      • Renew Life Insurance
      • Renew Home Insurance
    • Hospitals
      • Renew Professional Indemnity
      • Renew Property Insurance
      • Renew Public Liability Insurance
      • Renew Money Insurance
      • Renew Employee Dishonesty Insurance
      • Renew Comprehensive Package Insurance
  • Claim
    • Claims Assistance
    • Track Claims
  • Support
    • Buy Now
    • Policies
    • Find A Medico-Legal Lawyer
    • Find Senior Doctor
    • Get Help
    • Manage Communication Preferences
No Result
View All Result
Professional Indemnity Insurance
No Result
View All Result
Home Blog

Rising Cyber Fraud & Its Effect on The Healthcare Industry!

coveryouadmin by coveryouadmin
June 5, 2024
in Blog
Reading Time: 6 mins read
0 0
0
Rising Cyber Fraud & Its Effect on The Healthcare Industry!

The COVID-19 pandemic spurred global cooperation to advance medical research and curb the virus’s spread, yet cybercriminals exploited the crisis for their own gain. While cybersecurity threats impact all sectors, the healthcare Industry and human services industry faces unique challenges due to their critical mission. 

Healthcare organizations struggle with limited technology budgets, vast amounts of sensitive data, and the severe consequences of cyberattacks on patient care. These factors make the healthcare sector a prime target for cybercriminals.

In 2023, cyberattacks surged with over 343 million victims and a 72% increase in data breaches since 2021. Email remained the primary malware vector, responsible for 35% of malware delivery, and 94% of organizations reported email security incidents. 

The average cost of a data breach was $4.45 million, and business email compromises led to $2.7 billion in losses in 2022. These trends underscore the urgent need for skilled cybersecurity professionals. Unfortunately, many healthcare organizations are not adequately prepared to defend against cyber threats. This vulnerability is more than just a financial issue; it can disrupt essential services and jeopardize patient health and safety by affecting the continuity of care.

What makes cyberattacks on medical facilities particularly egregious is that many attackers are likely aware of the harm they cause to patients. Despite this, the lure of financial gain and other motives often outweigh the need to protect human lives.

Overview of significant cyber incidents and the prevalent types of attacks targeting this sector.
  1. Ransomware Attacks

Ransomware attacks involve malware that encrypts a victim’s data, with the attacker demanding a ransom to restore access. These attacks are particularly devastating in healthcare, where access to patient data is critical for ongoing care.

Case Study: WannaCry Attack on Andhra Pradesh Health Department

In 2017, the WannaCry ransomware attack affected multiple sectors globally, including healthcare. In India, the Andhra Pradesh Health Department was hit hard. The ransomware infected systems, encrypting critical patient data and disrupting services. 

The attack crippled operations, forcing many health facilities to revert to manual processes, severely impacting patient care. This incident underscored the vulnerability of healthcare systems to ransomware and highlighted the need for robust cybersecurity measures.

  1. HealthCare Data Leaks

Healthcare data leaks involve unauthorized access and exposure of sensitive patient information, which can lead to identity theft, financial loss, and privacy violations. Nearly 60% of healthcare organizations globally have experienced cyberattacks in the past year, with India’s top institutions like AIIMS and ICMR among the victims, according to a new study by Sophos. 

Cybercriminals successfully encrypted data in nearly 75% of ransomware attacks, a significant rise from last year’s 61%. Only 24% of healthcare organizations could disrupt ransomware attacks before data encryption, the lowest rate in three years. 

Notably, on November 30, the ICMR website faced 6,000 hacking attempts in 24 hours. Following a ransomware attack on AIIMS that encrypted 1.3 terabytes of data. Additionally, on October 31, 2023, a massive data breach resulted in the sale of information on over 81.5 crore Indians from the ICMR on the dark web.

Case Study: AIIMS Data Breach

In 2020, the All India Institute of Medical Sciences (AIIMS) in New Delhi experienced a significant data breach where the personal and medical records of thousands of patients were exposed. The leaked data included sensitive information like patient names, medical histories, and treatment details. This breach raised serious concerns about the cybersecurity infrastructure of one of India’s premier healthcare institutions and emphasized the critical need for enhanced data protection measures.

  1. Distributed Denial of Service (DDoS)

DDoS attacks overwhelm a system’s resources, rendering it inaccessible to legitimate users. In healthcare, such attacks can disrupt critical services and delay patient care.

Case Study: Attack on Indian Health Ministry Website

In 2019, the Indian Health Ministry’s website faced a DDoS attack that rendered the site inaccessible for several hours. This attack hindered access to important public health information and disrupted various online services provided by the ministry. The incident highlighted the potential of DDoS attacks to paralyze essential health services and the need for effective mitigation strategies.

  1. Business Email Compromise and Phishing

Business Email Compromise (BEC) and phishing attacks trick employees into revealing sensitive information or transferring funds to attackers by impersonating legitimate entities.

Case Study: Phishing Attack on Mumbai’s Jaslok Hospital

In 2018, Jaslok Hospital in Mumbai fell victim to a sophisticated phishing attack. Attackers sent emails that appeared to be from trusted sources, prompting hospital staff to reveal login credentials and other sensitive information. This breach compromised patient data and internal communications. The incident stressed the importance of employee training and awareness to recognize and prevent phishing attacks.

  1. Insider Threats

Insider threats involve employees or other trusted individuals exploiting their access to harm the organization, whether intentionally or unintentionally.

Case Study: Insider Data Theft at a Chennai Hospital

In 2021, a hospital in Chennai reported an insider threat incident where an employee stole sensitive patient data to sell on the black market. The stolen data included personal identification details and medical records, posing significant risks to affected patients. This case highlighted the dangers posed by insider threats and the necessity for stringent access controls and monitoring to prevent such incidents.

These case studies from India illustrate the diverse and severe nature of cyber threats faced by the healthcare sector, emphasizing the critical need for robust cybersecurity measures to protect sensitive data and ensure the continuity of care.

Preventive Measures and Compensation for Cybercrime  : 

1. Cybersecurity Awareness Training:
  • Regularly educate employees about the latest cyber threats and safe online practices, including simulated phishing exercises to enhance awareness and readiness.
2. Robust Security Policies and Technologies:
  • Develop, enforce, and regularly update comprehensive security policies. Implement advanced security technologies like firewalls, antivirus software, multi-factor authentication (MFA), and encryption for sensitive data. 
3. Regular Software Updates and Patch Management:
  • Ensure all software, including operating systems and applications, is consistently updated. With the latest security patches, automating updates to minimize vulnerabilities.
4. Data Backup and Recovery Plans:
  • Regularly back up data to secure, off-site locations, and routinely test recovery plans to ensure data integrity and availability in case of a cyber incident.
5. Cyber Insurance Policies:
  • Invest in cyber insurance policies to cover financial losses from cyber incidents. Such policies can provide compensation for data breaches, business interruption, and legal fees, helping to mitigate the financial impact of cybercrime.        
  • Cyber insurance policies act as an ultimate cyber-threat defence tool, shielding your personal space and data with 360° protection, including robust cybersecurity, immediate risk consultation, reputation defense, and contract integrity assurance.
Source : 

https://www.forbes.com/advisor/education/it-and-tech/cybersecurity-statistics/#:~:text=As%20the%20globe%20becomes%20more,%25%2C%20surpassing%20the%20previous%20record

Case Study: WannaCry Attack on Andhra Pradesh Health Department

https://ciso.economictimes.indiatimes.com/news/aiims-ransomware-attack-what-it-means-for-health-data-privacy/96538957

https://www.synapxe.sg/media-releases/corporate/internet-connectivity-for-public-healthcare-institutions-affected-by-ddos-attack

https://thewire.in/tech/nearly-60-of-healthcare-organisations-in-india-hit-by-cyberattacks-in-past-year-report 

https://www.freepressjournal.in/mumbai/mumbai-polices-cyber-cell-foils-phishing-scam-attempt-seizes-8255-lakh

https://www.indiatoday.in/india/story/tamil-nadu-hospital-patients-data-sold-online-dark-web-aiims-server-issue-2304872-2022-12-03

Tags: CoveryouCyber FraudHealthcare Industry
Previous Post

Types of Coverage in Doctors’ Indemnity Insurance!

Next Post

Behind the White Coat! Addressing the Concerns of HCP!

coveryouadmin

coveryouadmin

Professional Indemnity- Our expertise lies in safeguarding the interest & reputation of our esteemed Medical Fraternity with our revolutionary product- Doctors Professional Indemnity Insurance. Given the complex & high-stakes nature of healthcare operations, doctors are certainly exposed to medical negligence risks at all times. It is very important to protect your high-responsibility profession with a Professional Indemnity Cover that will act as a safety net against any malpractice claim. Our Professional Indemnity is best suited for all your medical practice requirements. CoverYou’s Customised Professional Indemnity Insurance will not only safeguard your finances but also your hard earned reputation. We provide customised benefits exclusively tailored to meet the needs of Doctors & Hospitals. Our Professional Indemnity is guaranteed to provide comprehensive medical negligence coverage with an expert lawyer panel & renowned senior doctors present all across India. We are known to offer handheld support to our customers throughout their journey with us especially during claims!

Related Posts

How Social Media and Information Technology Are Transforming Healthcare Practice in India
Blog

How Social Media and Information Technology Are Transforming Healthcare Practice in India

June 13, 2025
A Day in the Life of an Indian Doctor
Blog

A Day in the Life of an Indian Doctor

June 11, 2025
Why Surgery in India Represents a Different Reality
Blog

Why Surgery in India Represents a Different Reality

May 30, 2025
The Gender Gap in Orthopaedics: Why So Few Women?
Blog

The Gender Gap in Orthopaedics: Why So Few Women?

May 27, 2025
Health Insurance Portability Doctor's Guide
Blog

Health Insurance Portability Doctor’s Guide

May 24, 2025
Who's the Indian doctor?
Blog

Who’s the Indian Doctor?

May 24, 2025
Next Post
Behind the White Coat! Addressing the Concerns of HCP!

Behind the White Coat! Addressing the Concerns of HCP!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • July 2023
  • June 2023

Categories

  • Blog
  • casestudy

Recent Posts

  • How Social Media and Information Technology Are Transforming Healthcare Practice in India
  • A Day in the Life of an Indian Doctor
  • Why Surgery in India Represents a Different Reality
  • The Gender Gap in Orthopaedics: Why So Few Women?
  • Health Insurance Portability Doctor’s Guide

© Alexa Insurance Broker Pvt. Ltd. All Rights Reserved

Insurance

  • Doctor's Insurance
  • Hospital Insurance
  • Health Insurance

Resources

  • Press Release
  • Customer Reviews
  • Blogs

Company

  • About Us
  • Contact
  • Career
Alexa Insurance Broker Private Limited
IRDAI License Number: 825
CIN: U66010DL2020PTC371173
Direct Broker (Life and General)
Valid Till: 08/06/2025
Principal Officer- Mr. Deepanker Mahajan

Payment Methods

Secured With

DMCA.com Protection Status

Follow us on

*Standard T&C Apply. All products information and offerings are authentic and solely based on the information received from the insurers. For more information on the risks associated with purchasing insurance, please read the sales brochure of the insurer carefully. Tax benefits are subject to changes in the applicable tax laws. Visitors are hereby informed that their information submitted on the website may be shared with Insurers. You authorise Alexa Insurance Broker Pvt. Ltd. (CoverYou) to contact you through Call, SMS, Email, WhatsApp or any other mode in the future. You hereby override your NDNC registration.
Alexa Insurance Broker Private Limited, CIN: U66010DL2020PTC371173, Regd. Off: RZ 129/A, Shiv Mandir Marg, Raj Nagar 1, Palam Colony, New Delhi - 110077; Corp. Off: Plot No. 15 & 16 - C, Udyog Vihar, Phase 5, Gurgaon, Haryana – 122022.
IRDAI License no. 825; Direct Broker (Life & General) valid till 08th, June, 2025. Email - help@coveryou.in; Helpline number: 1800-202-6900.

Copyright © CoverYou All Rights Reserved

  • Refund & Cancellation
  • Policy Statements
  • Terms & Conditions
No Result
View All Result
  • Doctors
    • Professional Indemnity
    • Health Insurance
    • Motor Insurance
    • Terms Insurance
    • Life Insurance
    • Home Insurance
  • Hospitals
    • Professional Indemnity
    • Property Insurance
    • Public Liability Insurance
    • Money Insurance
    • Comprehensive Package Insurance
  • Knowledges
    • Doctors
      • Do’s
      • Don’t
      • Bail & Anticipatory Bail
      • How to Prevent Mishap
      • Supreme Court
      • Criminal Liability
      • Indemnity
    • Hospitals
      • Requirements for Hospital
      • Regulatory Requirements of Blood
      • Bio Medical Waste Management
      • Death in OT
      • Vicarious Liability
      • Risk Management
    • Acts
      • Sections of India
      • CPA
    • Case And Judgment Summaries
    • Press Release
    • Recent Medico-Legal Cases

Copyright © 2022 CoverYou All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In