In recent years, the healthcare sector has faced an alarming increase in cyber attacks, with 2023 witnessing a record-breaking 725 large security breaches, according to reports by The HIPAA Journal. These attacks are not only financially damaging, but they also jeopardize patient data privacy and the integrity of critical healthcare services. As healthcare organizations grapple with these evolving threats, it’s imperative to strengthen cybersecurity measures while adhering to compliance standards such as HIPAA, HITRUST, and FIPS.
Identifying the Threat: Understanding Cybersecurity Challenges in Healthcare
One significant challenge faced by the healthcare industry is the prevalence of identity-based cyber attacks. Alarmingly, 78% of all Healthcare organizations experienced at least one cyber incident over the last year, as highlighted in the 2023 Global Cybersecurity Study. To address this threat, the Cybersecurity Performance Goals (CPGs) issued by HHS emphasize the importance of Multifactor Authentication (MFA) coupled with unique credentials as essential security measures.
With cybersecurity experts advocating for a shift towards more robust authentication methods, the White House Office of Management and Budget (OMB) has underscored the necessity of phishing-resistant multifactor authentication, recognizing the limitations of traditional MFA. Fast Identity Online or FIDO has emerged as an industry-driven standard to help with the rapid acceptance of passwordless MFA solutions. In this context, exploring FIDO-based solutions emerges as a promising avenue for implementing authentication security with high-impact.
Ready to take the next step in securing your Healthcare organization? Download our FIDO2 Authentication for Healthcare Organizations Solution Note.
What’s Next: Embracing FIDO for a Secure Future
In response to the escalating threat landscape, healthcare organizations must prioritize authentication security as a cornerstone of their cybersecurity strategy. By embracing FIDO-based solutions, organizations can bolster their defenses against cyber attacks while ensuring compliance with regulatory requirements, such as HIPAA, HITRUST, and FIPS.
With FIDO authentication, healthcare institutions can:
- Safeguard patient data
- Protect critical infrastructure
- Uphold the trust of stakeholders
- Adhere to compliance and regulations
- Strengthen security posture
- Mitigate financial and reputation risks
As the healthcare industry navigates the complexities of cybersecurity, partnering with trusted providers like FEITIAN can provide the expertise and support needed to implement effective authentication solutions. With FIDO authentication, healthcare organizations can mitigate the risks posed by cyber threats and safeguard the integrity of healthcare delivery in an era of digital transformation.
FIDO: A Beacon of Hope in Healthcare Cybersecurity
FEITIAN offers a range of FIDO Certified products tailored to the specific needs of the healthcare sector. Leveraging the FIDO (Fast IDentity Online) standards, these solutions provide phishing-resistant MFA and unique credentials, enhancing security while ensuring a seamless user experience.
FIDO2 offers a variety of solutions, from moderate to high assurance, catering to diverse risk profiles and user roles within healthcare organizations. Unlike traditional passwords and OTP-based authentication methods, FIDO2 eliminates the vulnerabilities associated with shared credentials and susceptibility to phishing attacks. With FIDO2, users can authenticate with ease, minimizing the burden on IT departments while enhancing security posture.
The FIDO Alliance, a consortium of industry leaders committed to reducing reliance on passwords, has developed globally recognized technical specifications and certification programs to promote adoption of FIDO standards. Endorsed by major technology companies including Apple, Google, and Microsoft, FIDO authentication offers a gold standard for MFA, as endorsed by the Cybersecurity and Infrastructure Security Agency (CISA).
Ready to take the next step in securing your Healthcare organization? Download our FIDO2 Authentication for Healthcare Organizations Solution Note.
What’s Next?
Staying ahead requires not just insights from past incidents but also robust solutions to fortify your defenses. As we reflect on the real stories of companies grappling with cybersecurity challenges, it becomes evident that proactive measures are paramount.
FEITIAN Technologies provides innovative products, ranging from multifactor authentication to secure hardware tokens, empower organizations to safeguard their digital assets effectively. By integrating FEITIAN’s state-of-the-art security solutions into your cybersecurity strategy, you can significantly reduce the risk of falling victim to devastating attacks.
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