Podcast

Monday, Jun 5, 2023 | 12:00 AM ET

S2 E11: The Growing Need for Healthcare Cybersecurity

Safeguarding patient data is vital in today’s digitized healthcare industry.


In this episode, we feature Tony Velleca, chief executive officer of CyberProof, and Steven Ramirez, chief information security officer for Renown Health. They'll be discussing the importance of cybersecurity in healthcare as well as the growing need to protect sensitive patient data to ensure the continuity of care.


Tony and Steven point out healthcare’s slow adoption of robust cybersecurity measures as compared to other industries. The healthcare industry has unique cyberspace vulnerabilities with aged infrastructure, a large attack surface and complex medical devices. They discuss ransomware attacks, phishing attempts, third-party risk management and access management as some of the key threats healthcare organizations face today. They also highlight their belief in collaborative efforts, information sharing and partnerships with managed service providers to address cybersecurity challenges and improve this area in healthcare.


Tune in and learn more about strategies to close the cybersecurity gap in healthcare.


About Tony Velleca

As chief executive officer of CyberProof, Tony directs the vision behind disruptive cybersecurity solutions. Since 2016, he has driven rapid growth for the company and its intellectual properties, leveraging a co-innovation model with clients and elite Israel-based talent to develop a world-class platform at the forefront of cyber security. Tony’s career has been one of reinvention and endless possibilities. His bold approach and desire to create new things began when he was an aerospace engineer, designing next-generation propulsion systems and aircraft for Boeing. His visionary leadership led him to build companies, products and tools that solve complex problems with innovation and ingenuity -- like CyberProof. Through CyberProof, Tony tackles enterprise security problems head-on. Under his leadership, the company has grown into one of the leading cybersecurity companies in the market, as recognized as a 2020 Wave Leader by Forrester. Tony received his MBA from the University of California, Irvine (cum laude) and his BA from the Georgia Institute of Technology in aerospace engineering.


About Steven Ramirez:

Steven is the chief information security officer for Renown Health. He is a seasoned IT leader with extensive experience in IT risk/security management, cybersecurity, privacy management, data confidentiality, IT regulatory compliance (HIPAA privacy/security, PCI security), data protection, IT advisory, enterprise risk management, crisis management, business resilience and disaster recovery. He has supported and led efforts across the healthcare, academic, financial and government sectors.


Source


Things you’ll learn

  • The adoption of cybersecurity in healthcare has lagged behind other industries due to aged infrastructure and a need for increased emphasis on security by vendors. However, it is a necessary aspect of the digital future.
  • The cost of cyber breaches in healthcare is high, including fines, lost revenue and lawsuits, making cyber insurance more challenging to obtain.
  • The healthcare industry is playing catch-up regarding cybersecurity maturity, but the recent rise of ransomware attacks has forced organizations to invest in this area. 
  • The average cost of a cyber breach is $7 million.
  • PHI and PII phishing are among the biggest and most effective threats. 
  • Cybersecurity is a space where people collaborate and share IP.


Resources:

FEATURING

Tony VellecaCEO, CyberProof

Steven RamirezCISO, UST

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