Can Ransomware Impact Your Salary?

Yes, ransomware can cause a myriad of problems with your paycheck.

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A December ransomware attack of Kronos Private Cloud continues to delay pay for healthcare workers in three states.

Many employees have not been paid overtime or holiday pay.

The timekeeping software vendor hack has caused issues for healthcare employees in Florida, Montana, and Massachusetts.

Ransomware hacks can lead to even larger problems, as significant attacks have resulted in healthcare entities being forced to shut down for good.

Ransomware that impacts patient data can affect patient trust, and therefore, your bottom line.

It is essential to protect your practice from ransomware and other breaches.

To do so, make sure:

  • That your security and ransomware is up to date,
  • That your risk assessment is continuously updated,
  • That employees are trained on breach readiness,
  • and that you have backup plans in place for data, operations, and employees.

Work with your healthcare attorney to make sure that your practice is ready to face a ransomware attack.

Your staff should know what to do if and when a ransomware attack occurs.

It is essential that you have data backup stored in a different location, that is accessible to you.

It is also a good idea to run through various scenarios with your staff so that they can respond quickly and efficiently in the event of a breach or hacking event.

We work closely with our clients to help them protect their patient data, systems, and employees from external threats. We also help clients when dealing with ransomware attacks and breaches.

If you have questions as to how to best protect your practice, contact us today.

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Do you need help with updating your Business Associate Agreement or negotiating contracts with third-party vendors?  We can help. Contact Rickard & Associates today!

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