GI Outlook (GO) 2022 Practice Management & Leadership Conference –Getting Back to the Future of Gastroenterology | August 2022-07_Cyber Security Challenges in 2022

07_Cyber Security Challenges in 2022_Jankovsky

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In this document, Black Line IT's CEO, Jody S. Jankovsky provides an overview of the cyber security challenges that are expected in 2022. The document starts with statistics on cyber crime, revealing that 60% of cyber attacks target small businesses and that the average cost per cyber attack incident is $200,000. Furthermore, 43% of businesses close within six months of being attacked. The healthcare industry is ranked second in terms of the most attacked institutions, right behind banks. It takes an average of 212 days to identify a breach.<br /><br />To protect oneself from cyber attacks, the document suggests focusing on technology, insurance, and training. In terms of technology, it is recommended to use a firewall, anti-virus software, anti-spam measures, anti-ransomware tools, anti-account takeover software, password management systems, and multi-factor authentication. These are seen as the foundation of cyber protection.<br /><br />For insurance, cyber insurance is recommended to address the financial risks associated with breaches, such as lost dollars due to breach or ransom and loss of business. It also addresses reputation and operational risks. Components of cyber insurance can include financial and IT forensics, attorneys and accountants, and public relations.<br /><br />Training is highlighted as an essential element in preventing cyber attacks. It is stated that 95% of breaches are due to human error, making training the number one method for prevention. Quarterly training is recommended, focusing on being Aware, Communicating, and taking Timely Action (ACT!). Phishing tests are also mentioned as a way to keep end-users prepared for evolving threats.<br /><br />The document provides the contact information for Jody S. Jankovsky, the CEO of Black Line IT, as well as the company's website for further resources.

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