Evan Taylor on Risks to Your Practice Via Cyber Security Breaches

There is an ever-growing threat to cybersecurity as our technology and data become more connected and advanced. In this episode, Evan Taylor steps in to educate us on how to protect our practices from the various security breaches. He discusses the different types of breaches that tend to happen and how to set up processes and protection that will keep your customers and practice safely.

Evan comes to us from an FBI background and shares how and why he made the shift into working with cybersecurity threats to businesses. He talks about how health care providers are possibly more at risk of security breaches and why it’s so important to invest in proper protection and education regarding cybersecurity risks. Evan also discusses the difference between risk mitigation and risk transfer as well as giving some tips on three main areas where you can start tightening your security now.

Key Quotes:

  • “If you think about the mob in the early 1900s in America, this is how they operate overseas.”
  • “They can make hundreds of thousands of dollars in a matter of minutes.”
  • “It makes it very difficult to attribute who is conducting a breach and for what intent.”
  • “They either want to monetize simply having access to a company network or they want to monetize the data that they can steal off of that network.”
  • “The typical ransomware payments are around $30,000.”
  • “Healthcare data is the most lucrative, the most profitable data for attackers.”
  • “In a matter of hours, you could have 7, 8, 9 hundred thousand dollars liquidated from an account.”
  • “They need to be educated on what to click on and what not to click on.”
  • “Make sure the technology you have is up to date and that you have somebody closely watching the practice from an IT sense.”

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