Cyber crimes have rapidly become one of businesses' most significant and disruptive challenges. CFOS must be well-equipped to mitigate cybersecurity risks within their organizations as tech...
LabCorp, Cass Regional Medical Center, East Ohio Regional Hospital, and Ohio Valley Medical Center. Hancock Health. Blue Springs Family Care. Allscripts. All were victims of ransomware attacks in 2018. Outside of the US, the Singapore Ministry of Health experienced a data breach of 1.5 million health records, including the Prime Minister's ePHI. According to the 2018 Verizon Data Breach Investigations Report (DBIR), ransomware att...
Capital expenditures (CapEx) are the star of the show when hospitals open gleaming new centers focused on heart disease, cancer, or children's health. Glossy marketing boasts state of the art facilities and top talent revolving around person-centered care. But seldom do IT expenditures that fall into the CapEx bucket prompt anything more than the expectation of being reliable. When IT monies are used as capital expenses, they are used for hardware, purchased software applications and in-house infrastructure. They are bets hedged on projected demand and technical developments yet to ...