After Change Healthcare suffered what some have called the worst cyberattack in the health industry’s history, new legislation introduced would allow for accelerated payments to vendors during a cyber incident if vendors meet minimum cybersecurity standards.
U.S. Sen. Mark Warner (D-Va.) introduced the Health Care Cybersecurity Improvement Act, following the ransomware attack that paralyzed billing services for providers nationwide, leaving many in danger of becoming financially insolvent.
“I’ve been sounding the alarm about cybersecurity in the health care sector for some time. It was only a matter of time before we saw a major attack that disrupted the ability to care for patients nationwide,” said Warner, a member of the Senate Finance Committee and co-chair of the Senate Cybersecurity Caucus.
“The recent hack of Change Healthcare is a reminder that the entire health care industry is vulnerable and needs to step up its game. This legislation would provide some important financial incentives for providers and vendors to do so.”
To read the full article, see “Burgeoning Change Healthcare cyberattack prompts new legislation,” which originally appeared on Security Info Watch, an Endeavor Business Media partner site.