The threat of phishing is ever present, especially for the healthcare industry which is often targeted by phishers due to the high value of healthcare data and compromised email accounts. Phishing attacks are having a major impact on healthcare providers in the United States, which are reporting record numbers of successful phishing attacks. The industry is also plagued by ransomware attacks, with many of the attacks having their roots in a successful phishing attack. One that delivers a ransomware downloader such as the Emotet and TrickBot Trojans, for example.
A recent survey conducted by HIMSS on U.S. healthcare cybersecurity professionals has confirmed the extent to which phishing attacks are succeeding. The survey, which was conducted between March and September 2020, revealed phishing to be the leading cause of cybersecurity incidents at healthcare organizations in the past year, being cited as the cause of 57% of incidents.
One interesting fact to emerge from the survey is the lack of appropriate protections against phishing and other email attacks. While it is reassuring that 91% of surveyed organizations have implemented antivirus and antimalware solutions, it is extremely concerning that 9% appear to have not. Only 89% said they had implemented firewalls to prevent cybersecurity incidents.
Then there is multi-factor authentication. Multifactor authentication will do nothing to stop phishing emails from being delivered, but it is highly effective at preventing stolen credentials from being used to remotely access email accounts. Microsoft suggested in a Summer 2020 blog post that multifactor authentication will stop 99.9% of attempts to use stolen credential to access accounts, yet multifactor authentication had only been implemented by 64% of healthcare organizations.
That does represent a considerable improvement from 2015 when the survey was last conducted, when just 37% had implemented MFA, but it shows there is still considerable for improvement, especially in an industry that suffers more than its fair share of phishing attacks.
In the data breach reports that are required for compliance with the Health Insurance Portability and Accountability Act (HIPAA) Rules, which healthcare organizations in the U.S are required to comply with, it is common for breached organizations to state they are implementing MFA after experiencing a breach, when MFA could have prevented that costly breach from occurring in the first place. The HIMSS survey revealed 75% of organizations augment security after suffering a cyberattack.
These cyberattacks not only take up valuable resources and disrupt busines operations, but they can also have a negative impact on patient care. 28% of respondents said cyberattacks disrupted IT operations, 27% said they disrupted business operations, and 20% said they resulted in monetary losses. 61% of respondents said the attacks had an impact on non-emergency clinical care and 28% said the attacks had disrupted emergency care, with 17% saying they had resulted in patient harm. The latter figure could be underestimated, as many organizations do not have the mechanisms in place to determine whether patient safety has been affected.
The volume of phishing attacks that are succeeding cannot be attributed to a single factor, but what is clear is there needs to be greater investment in cybersecurity to prevent these attacks from succeeding. An effective email security solution should be top of the list – One that can block phishing emails and malware attacks. Training on cybersecurity must be provided to employees for HIPAA compliance, but training should be provided regularly, not just once a year to meet compliance requirements. Implementation of multifactor authentication is also an essential anti-phishing measure.
One area of phishing protection that is often overlooked is a web filter. A web filter blocks the web-based component of phishing attacks, preventing employees from accessing webpages hosting phishing forms. With the sophisticated nature of today’s phishing attacks, and the realistic fake login pages used to capture credentials, this anti-phishing measure is also important.
Many hospitals and physician practices have limited budgets for cybersecurity, so it is important to not only implement effective anti-phishing and anti-malware solutions, but to get effective solutions at a reasonable price. That is an area where TitanHQ excels.
TitanHQ can provide cost-effective cloud-based anti-phishing and anti-malware solutions to protect against the email- and web-based components of cyberattacks and both of these solutions are provided at a very reasonable cost, with flexible payment options.
Further, these solutions have been designed to be easy to use and require no technical skill to set up and maintain. The ease of use, effectiveness, and low price are part of the reason why the solutions are ranked so highly by users, achieving the best rankings on Capterra, GetApp and Software Advice.
If you want to improve your defenses against phishing, prevent costly cyberattacks and data breaches, and the potential regulatory fines that can follow, give the TitanHQ team today and inquire about SpamTitan Email Security and WebTitan Web Security.