How COVID-19 Is Affecting Cyber security in Healthcare

Cyber security in Healthcare

When people imagine the pandemic, the security of their personal information probably isn’t at the top of their list. However, research shows that COVID-19 and healthcare cybersecurity go hand in hand. In fact, the Department of Health and Human Services reports a nearly 50% increase in breaches between February and May of 2020.

The Cause of the Increase

Cybercriminals may be high-tech, but they are still just criminals. Criminals look for opportunities, and the pandemic presents them. They have long since used remote medical devices to infiltrate healthcare computer systems and steal information, and the increase in patients has made that easier than ever. In addition, temporary medical facilities erected across the nation don’t have the same protection that established hospitals do. This leaves them vulnerable to security hacks that may go unnoticed as doctors and nurses continue to focus on taking care of COVID-19 patients.

Protecting Your Facility

The question is what can you do to protect yourself, your staff, and your patients from becoming victims of cyber theft during an already tumultuous time? Boosting security on computer systems is essential, of course. This means more encryption and avoiding open applications whenever possible. Staff training further protects your facility. Teach your personnel about the importance of guarding information and how to do it, including avoiding using personal applications or email addresses at work and always using strong passwords to log in to the healthcare system.

COVID-19 means you already have your hands full running your healthcare facility. Don’t make the mistake of trying to protect your business on your own. Cybersecurity professionals can work with you to ensure system protection and even train your employees to keep your facility safe.

What To Know About Non-Profit Revenues During COVID-19

non-profit-revenues

Many organizations are faced with revenue concerns as the COVID-19 pandemic continues. It is critical to identify cash-flow exposures and to limit the severity of the risk. Due to the nature of the current crisis, assessments and prioritization of expenses should be done on a consistent basis. Budget adjustments are critical to operations and can be implemented quickly, as changes to revenue and organizational needs develop.

Interpret On-Going Expenditures

The key to meeting the pandemic head-on is to look ahead. While non-profits are skilled at planful budget management, this situation presents an array of new challenges. Particularly, there is a need to continually parse budget items to see where costs can be reduced. As seen in the research on COVID-19 non-profit revenues, reducing insurance costs can be one way of effectively trimming expenses.

Develop A Risk Plan

Another important management task is to take a risk plan. It is imperative to monitor changes with income inflows and outflows. Some expenses can be delayed, but fixed costs become a concern as revenue tightens. Organizations can determine effective controls by having an evolving idea of where cuts can occur to minimize changes to daily functions.

Non-profits have a unique difficulty in managing budget issues during COVID-19. It’s important to consistently address financial risk, along with a plan to secure the bottom line.

Copyright © 2022 Insurance Baby. All Rights Reserved.