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Cyber Coverage Now Easier Than Ever to Secure

We can now offer a comprehensive quote on cyber coverage with only three key pieces of information. Your quote will include a detailed analysis of your current exposure.

All we need is:

✔️ Your website URL

✔️ Your gross annual revenue

✔️ Rough estimate of the number of confidential patient records you manage

Cyber Liability attacks on medical provider groups and facilities are on the rise, with increasing sophistication and frequency. It is now commonplace to hear of hackers paralyzing business operations, demanding ransoms, or stealing confidential data, for which state and federal laws require response from the healthcare entity. Yet most practices don’t have enough coverage to even minimize recovery costs. The expense of notification and monitoring alone has pushed practices into bankruptcy when they were unprepared.

Are you covered?  If you are, how broad is your coverage?  Will it help manage a response?  Will it cover you if a patient or regulatory authority sues you?  Will it pay for your losses? Cyber liability frequency and severity are both rising annually making your practice more vulnerable than ever to a cyber attack.

For more information on surprisingly affordable cyber insurance solutions to help defend your practice, please contact Richard Weston, CIC, at rweston@mms.org or call us at (781) 434-7525.

posted September 20, 2021

Additional Reading:

Ransomware Activity Targeting the Healthcare Sector: Joint Cybersecurity Advisory of October 20, 2020.

Learn more about cyber risk management for your practice.