Cybersecurity-The Board’s Role

As data breaches become more common, companies and organizations are adopting the mindset that it is no longer “if,” but “when” a security breach will occur. These incidents are both expensive and detrimental to a company or organization. A 2015 IBM study put the average consolidated total cost of a data breach at $3.8 million, a 23 percent increase over the previous two years. As your board secures and guides the future of your company or organization, board leaders [...]

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The results of a global study analyzing the financial impact of data breaches to a company’s bottom line have been released. Sponsored by IBM and conducted by the Ponemon Institute, the 2016 Cost of Data Breach Study: Global Analysis found that the average cost of a data breach for companies surveyed has grown to $4 million, representing a 29 percent increase since 2013. Cybersecurity incidents continue to grow in both volume and sophistication, with 64 percent more security incidents [...]

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Merger Considerations: What Hospital CEOs and Boards Need to Know

Ongoing changes and an increased focus on care integration, quality outcomes, new payment models and efficiency are causing major shifts in all health care settings. As delivery systems evolve, more attention is being given to alliances among health care providers that the most open-minded leader might have previously deemed unimaginable.  Even those systems who insist they are not actively considering strategic partnerships are most likely exploring alternative forms of affiliations [...]

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