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.
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:
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:
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.
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:
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.
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.
Discover how Lumifi rescued a Healthcare company from a devastating ransomware attack and transformed their IT infrastructure.