Hacking victims spent more than $25M in ransom demands

Ransomware has become an increasingly familiar method of cyberattacking healthcare organizations and patient data. In the past two years, hacking victims have paid more than $25 million in ransom, according to a study by Google.

Large scale cyberattacks, such as Petya and WannaCry, are becoming more common as healthcare organizations fall behind on security measures to ensure patient data safety. This data, which contains patients’ personal information such as social security and credit card numbers, are exploited by hackers and sold back to organizations. Even with policy measures to prevent and protect data, many organizations still become victims.

Read the full story below:

""
Cara Livernois, News Writer

Cara joined TriMed Media in 2016 and is currently a Senior Writer for Clinical Innovation & Technology. Originating from Detroit, Michigan, she holds a Bachelors in Health Communications from Grand Valley State University.

Around the web

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.