The health care industry has experienced significant increases in cyber-attacks such as ransomware the past few years. One segment of the industry that may be impacted especially hard by these increased attacks is Critical Access Hospitals (“CAHs”). Due to the increasing number of cyber-attacks, insurance underwriting practices are shifting. Instead of virtually rubberstamping each application for insurance, underwriters are now subjecting insurance applications to greater scrutiny, performing stronger risk analyses and rejecting more claims. Not surprisingly, the increase in cyber-attacks has resulted in significant increases in the cost of cyber-insurance.
To learn more about the effects of increased cyber-attacks on CAHs, read our full article here: https://bit.ly/3jhKdMi.
