HEALTHCARE CLINICS HAVE GONE BANKRUPT OVER PRIVACY BREACHES

The number of clinics that have fallen victim to ransomware and other malware attacks increased by 165% in 2017. The cost of a privacy breach in healthcare gets over 6 figures quickly.

A clinic privacy breach like a ransomware attack could require notification of all patients in your electronic records system. They will tell their friends, so there’s another cost in crisis communications to protect your reputation and keep patients coming back.

What happens to your clinic if you never recover the patient files? Access to patient data is your business. Brightsquid can help make sure patient information is secured and kept confidential at all times. The risk to your clinic is too great.

ADD INSURANCE TO THESE SERVICES AND PROTECT YOUR BUSINESS


Featured Blog Post:


LET SOMEONE ELSE WORRY ABOUT THE COST OF A BREACH

The cost of recovering from a privacy breach isn’t a number anyone running a healthcare clinic wants to think about. With mandatory breach reporting, you could have to notify all of your patients, and two levels of government. Ransomware is on the rise in healthcare and it’s a huge financial risk to your clinic.

The world of cyber crime is always evolving as attackers continue to find new ways to access your protected patient information.

We recommend that you stay one step ahead of the criminals with a comprehensive cyber liability insurance plan, designed and negotiated by Brightsquid for Brightsquid subscribers with compliant practices and Secure-Mail in place of traditional email.


COMPLETELY COVER YOUR CYBER LIABILITY RISK

• Incident Response Costs

• Legal and Regulatory Costs

• IT Security and Forensic Costs

•Crisis Communication Costs

• Privacy Breach Management Costs

• Third Party Privacy Breach Management  costs

• Funds Transfer Fraud CAD 250,000

• Theft of Funds Held in Escrow CAD 250,000

• Theft of Personal Funds CAD 250,000

• Extortion As per limited selected

• Corporate Identity Theft up to CAD 250,000

• Telephone Hacking up to CAD 250,000

• Phishing up to CAD 250,000

• System Damage and Rectification Costs 

• System Business Interruption

• Consequential Reputational Harm

• Loss Adjustment Costs

• Network Security Liability

• Privacy Liability

• Management Liability 

• Regulatory Fines

• PCI Fines, Penalties and Assessments 

• Defamation 

• Intellectual Property Rights Infringement

• Court Attendance Costs $50,000/policy period

COVER YOUR CLINIC AGAINST BREACHES ADD INSURANCE TO THESE SERVICES


Subscribe