The recent ransomware disruption of the Colonial Pipeline and meat-packer JBS highlights the ongoing problems caused by cyberattacks. One prominent reason for the increase in attacks is that more companies are paying the ransom, according to experts. And cybercriminals are taking…
By Noam N. Levey | KHN.org As the covid crisis wanes and life approaches normal across the U.S., health industry leaders and many patient advocates are pushing Congress and the Biden administration to preserve the pandemic-fueled expansion of telehealth that…
By Bernard J. Wolfson | KHN.org In April, San Francisco-based primary care company One Medical revealed an eye-popping compensation package for its chief executive and chairman, Amir Dan Rubin. His $199 million payday, particularly noteworthy at a company that has yet to…
The growing threat over retirement litigation has many fiduciaries looking to outsource plan investment responsibility. The number of Employee Retirement Income Security Act (ERISA) lawsuits grew in 2020, and that momentum is not likely to slow down in 2021, according to…
Retirement plan fiduciaries continue to face substantial exposure as a wave of excessive fee lawsuits continues. Historically excessive fee suits targeted the largest organizations, with tens of thousands of participants and billions of dollars in plan assets. Lately, smaller retirement…
Companies in the market for cyber insurance should expect higher prices for the foreseeable future, according to recent analyses. Professional services firm and insurer Aon predict cyber insurance prices will rise between 20% and 50% during the rest of 2021….
The hard insurance market may see some “thawing” during 2021, experts said during an Advisen virtual conference, but any sudden changes remain unlikely. “[The hard market has] been going on for about two years now, and I suspect we have…
By Matt Volz | KHN.org HELENA, Mont. — When the Hazelden Betty Ford Foundation began offering telehealth services in Montana in early February, the nation’s largest nonprofit addiction treatment provider promised quality care for far-flung residents without their even having…
A group of activist hackers highlighted a key vulnerability of today’s Internet, as they broke into a security-camera startup and peered into hospitals, schools, jails, and other locations. Hackers gained access to 150,000 cameras by breaching a Verkada “Super Admin”…
Healthcare cyberattacks jumped 55% in 2020 and cost an estimated $13 billion, according to a report from cloud security firm Bitglass. Hacking and IT incidents were the top sources of data compromise, causing two-thirds (67%) of all breaches, the IT firm…
