Hospitals Wary of Hackers Seek Insurance from AIG

Bloomberg News aired a segment on the rising threat of electronic health information systems to patient privacy and tapped Jim Pyles, an expert from the first health privacy summit to speak.  He pointed out that the lack of adequate health data security, the ability to breach thousands or millions of records simultaneously, and the value of health data on black market as key causes of the growing number of reported health data breaches.

View the video here.

Synopsis: Doctors and hospitals adopting electronic patient records under a U.S. government program are exploring insurance policies to help cover the costs of medical-data breaches. Data breaches cost U.S. hospitals $12 billion over the past two years, according to a study by the Poneman Institute. Bloomberg’s Megan Hughes reports on “InBusiness with Margaret Brennan.”

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