logo
LevelBlue Report Reveals Increasing Risks To Healthcare Organizations Are Driving Cyber Resilience

LevelBlue Report Reveals Increasing Risks To Healthcare Organizations Are Driving Cyber Resilience

National Post04-06-2025
Article content
LevelBlue finds that only 29% of healthcare executives say they are prepared for AI-powered threats.
Article content
DALLAS — LevelBlue, a leading provider of managed security services, strategic consulting, and threat intelligence, today released its 2025 Spotlight Report: Cyber Resilience and Business Impact in Healthcare. The findings reveal how the healthcare industry is protecting itself from increasingly numerous sophisticated attacks.
Article content
The new report found that 32% of healthcare executives say their organization suffered a breach in the past 12 months, and nearly half (46%) say they are experiencing a significantly higher volume of attacks. As artificial intelligence (AI) promises healthcare organizations unprecedented levels of efficiency, optimized processes, and enhanced automation, the report reveals that only 29% of healthcare executives say they are prepared for AI-powered threats despite 41% believing they will happen.
Article content
At the same time, the software supply chain remains a blind spot, with only a small portion of executives recognizing the associated risks. 54% say they have very low to moderate visibility into the software supply chain, and only 21% say they are investing significantly in software supply chain security.
Article content
However, cyber resilience measures are becoming more integral to business operations, with 61% of healthcare organizations now aligning their cybersecurity teams with lines of business, a sign that resilience is increasingly seen as a shared responsibility across departments. Moreover, nearly half (44%) expect to enlist managed security service providers (MSSPs) in the next two years to help them manage the increasingly complex and dynamic threat landscape, an increase from 30% that have done so over the past 12 months. Additionally, 59% of leadership roles are measured against cybersecurity KPIs, and nearly half (43%) say they allocate cybersecurity budgets at the outset of new initiatives – a critical step toward embedding security into innovation efforts.
Article content
'With the rising risk of AI-powered cyberattacks and vulnerabilities in the software supply chain, achieving cyber resilience in healthcare is more critical than ever,' said Theresa Lanowitz, Chief Evangelist of LevelBlue. 'Our research shows that healthcare organizations are no longer viewing cybersecurity as just an IT issue; it's now a business priority. Still, there is work to be done to properly prepare and protect themselves.'
Article content
Healthcare organizations are making progress in integrating cybersecurity across their operations, but there is still work to be done. When asked to what extent their organization is investing in certain measures to prepare for new and emerging types of cyber threats, healthcare executives say they are most likely to invest significantly in:
Article content
Based on these findings, LevelBlue recommends four specific steps to achieve cyber resilience, regardless of the industry: Push cyber resilience up the organization, embed cybersecurity responsibilities throughout the organization, be proactive (not reactive), and prioritize resilience in the software supply chain.
Article content
Download the complete findings of the 2025 LevelBlue Spotlight Report: Cyber Resilience and Business Impact in Healthcare at this link here to learn how healthcare organizations are adapting to the changing threat landscape. This report follows the April 2025 release of the 2025 LevelBlue Futures Report: Cyber Resilience and Business Impact, which can be found here.
Article content
For more information on LevelBlue and its managed security, consulting, and threat intelligence services, please visit www.levelblue.com Methodology The research is based on a quantitative survey that was carried out by FT Longitude in January 2025. There were a total of 1,500 C-suite and senior executives surveyed across 14 countries and seven industries: energy and utilities, financial services, healthcare, manufacturing, retail, transportation, and US SLED (state, local government, and higher education). To be counted as a cyber resilient organization, respondents must have met the qualifications listed under 'Five Characteristics of a Cyber Resilient Organization.' The total number surveyed in healthcare is 220.
Article content
About LevelBlue
Article content
We simplify cybersecurity through award-winning managed services, experienced strategic consulting, threat intelligence, and renowned research. Our team is a seamless extension of yours, providing transparency and visibility into security posture and continuously working to strengthen it.
Article content
We harness security data from numerous sources and enrich it with artificial intelligence to deliver real-time threat intelligence- this enables more accurate and precise decision making. With a large, always-on global presence, LevelBlue sets the standard for cybersecurity today and tomorrow. We easily and effectively manage risks so you can focus on your business.
Article content
Article content
Article content
Article content
Contacts
Article content
Media Contact
Article content
Article content
Jessica Bettencourt
Article content
Article content
Article content
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Prediction: This Growth Stock Will Skyrocket in the Second Half of 2025
Prediction: This Growth Stock Will Skyrocket in the Second Half of 2025

Globe and Mail

time2 hours ago

  • Globe and Mail

Prediction: This Growth Stock Will Skyrocket in the Second Half of 2025

Key Points Micron Technology has clocked impressive gains so far in 2025, and it looks set to fly higher in the second half of the year as well. The company's latest quarterly results make it clear that it is benefiting big time from fast-growing demand for memory chips used in various applications. Micron's solid growth potential and attractive valuation make the stock a no-brainer buy right now, considering the potential upside it could deliver. Memory specialist Micron Technology (NASDAQ: MU) has been delivering terrific growth in recent quarters thanks to booming demand for its chips deployed in data centers, smartphones, and personal computers (PCs), which explains why the stock has clocked solid gains of 46% so far this year. Micron released its fiscal 2025 third-quarter results (for the three months ended May 29) on June 25. A closer look at the company's numbers and guidance suggests that its rally is here to stay in the second half of the year. Let's look at the reasons why investors can expect Micron stock to deliver more upside for the rest of the year as well. Artificial intelligence (AI) has supercharged Micron Technology's growth Micron's fiscal Q3 revenue shot up 37% year over year to $9.3 billion, while its adjusted earnings more than tripled to $1.91 per share. The numbers crushed Wall Street's expectations of $1.60 per share in earnings on revenue of $8.86 billion. Micron CEO Sanjay Mehrotra remarked on the latest earnings conference call that its data center revenue more than doubled from the year-ago period and hit record levels last quarter. This terrific growth was driven by the healthy demand for Micron's high-bandwidth memory (HBM) chips that are integrated with AI accelerators from the likes of Nvidia and AMD. Micron management points out that it is shipping its HBM chips in high volumes to four customers right now, who are integrating them with both graphics cards and custom AI processors. Importantly, Micron is not resting on its laurels and is focused on further improving the performance of its HBM chips. The company claims its next-generation HBM4 chips, which will succeed the HBM3E offerings, will pack 60% more performance while reducing power consumption by 20%. The company has already provided samples of HBM4 to customers and expects to start the volume production of this product in 2026. Micron's focus on pushing the envelope on the product development front is the right thing to do, considering that the HBM market is set to take off impressively in the long run. Bloomberg Intelligence estimates that the HBM market could generate annual revenue of $130 billion by 2030. That would be a huge jump over the $4 billion revenue this segment clocked in 2023. Micron, therefore, still has massive room for growth in this segment, both in the short and long run. The strong momentum provided by the HBM business tells us why the company's guidance for the current quarter points toward another solid increase in its top and bottom lines. Micron has guided for $10.7 billion in revenue for the fiscal fourth quarter, which would be a 38% increase over the prior-year period. That would be a slight improvement over the revenue growth it reported in the previous quarter. Meanwhile, Micron's forecast of $2.50 per share in earnings for the current quarter suggests its bottom line will more than double from the year-ago period's reading of $1.18 per share. The stronger growth in Micron's earnings can be attributed to a favorable memory pricing environment. Memory manufacturers such as Micron have been increasing the prices of chips on account of solid HBM demand and supply constraints. According to TrendForce, the average price of dynamic random access memory (DRAM) chips increased in the range of 3% to 8% in the second quarter, owing to an increase in sales of HBM, along with an improvement in the demand for mobile and consumer-oriented DRAM chips. Looking ahead, Micron management estimates that adoption of AI-enabled personal computers (PCs) and smartphones will contribute to the company's growth in the coming quarters. So Micron's catalysts are likely to get stronger as the year progresses, and that could pave the way for more upside in the second half of 2025 and beyond. A big reason to buy the stock right now We have already seen how rapidly Micron's revenue and earnings are growing. However, the company's valuation suggests that it is extremely undervalued, considering the phenomenal growth it's been clocking. Micron has a trailing price-to-earnings ratio of 22, while the forward earnings multiple is even more attractive at 11. The company is on track to end the current fiscal year with adjusted earnings of $7.76 per share (based on its guidance of $2.50 per share for fiscal Q4 and cumulative earnings of $5.26 per share in the first three quarters of the year). That would be a huge increase over its fiscal 2024 earnings of $1.30 per share. What's more, analysts are expecting a 54% spike in Micron's earnings in the next fiscal year to $12.05 per share. If the stock maintains its trailing earnings multiple of 23 after a year, its stock price could hit $265. That would be more than double current levels. As such, Micron's latest quarterly results should give its rally a nice shot in the arm in the second half of the year, as the market could reward its terrific growth with a richer valuation, while the projected earnings growth for the next fiscal year indicates that it could continue soaring in 2026 as well. Should you invest $1,000 in Micron Technology right now? Before you buy stock in Micron Technology, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Micron Technology wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $692,914!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $963,866!* Now, it's worth noting Stock Advisor 's total average return is1,049% — a market-crushing outperformance compared to179%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025

U.S. Congress passes Trump's sprawling domestic policy bill
U.S. Congress passes Trump's sprawling domestic policy bill

Globe and Mail

time2 hours ago

  • Globe and Mail

U.S. Congress passes Trump's sprawling domestic policy bill

Congress has given its final approval to U.S. President Donald Trump's sprawling One Big Beautiful Bill Act, funding his mass deportations and border wall, cutting taxes, taking away health care coverage and food stamps from millions of low-income Americans, and cancelling programs to fight climate change. The House of Representatives passed the legislation 218 to 214 on Thursday afternoon after a session lasting nearly 24 hours, during which Mr. Trump and Speaker Mike Johnson cajoled reluctant members of their Republican caucus and Democratic Minority Leader Hakeem Jeffries staged a record-breaking speech. The vote broke down mostly along party lines, with just two Republicans joining all Democrats to vote against the law. The President planned a White House signing ceremony at 5 p.m. on Friday, marking Independence Day, the deadline he imposed on his party to deliver the legislation. It is the first significant legislative achievement of his second term, in which he has so far tried to do as much as possible by executive order. 'What a great night it was. One of the most consequential Bills ever. The USA is the 'HOTTEST' Country in the World, by far!!!' Mr. Trump wrote on Truth Social Thursday. In one fell swoop, the bill, which is expected to add US$3.3-trillion to the national debt over 10 years, will implement the core of his domestic agenda. U.S. Congress just passed Trump's massive tax and spending cuts bill. Here's what to know Over the next four years, it allocates US$46-billion for the wall on the Mexican border, US$45-billion for immigration detention facilities and US$14-billion to ramp up his program of rounding up and deporting undocumented immigrants. It's a major funding increase for Immigration and Customs Enforcement, which currently has a US$10-billion budget. ICE is expected to nearly triple its number of agents and spend more money annually than the entire military budgets of many countries. The bill also makes permanent the cuts to corporate and personal income-tax rates first passed in 2017, during Mr. Trump's first term, and adds temporary tax relief for tipped workers and a higher child tax credit. It further contains US$125-billion in defence spending, including US$25-billion for the 'Golden Dome' missile defence system Canada has asked to join. The legislation partly offsets these costs by cutting more than US$1.3-trillion out of health care and food aid. The steepest cuts will hit Medicaid, a program that provides government-funded health insurance to the poorest Americans, and the Supplemental Nutrition Assistance Program, colloquially known as food stamps. Smaller cuts will affect Medicare, the health insurance program for senior citizens and people with disabilities, and subsidies for people buying private insurance on the Obamacare markets. The non-partisan Congressional Budget Office estimates that nearly 12 million people will lose health care and 4.7 million will lose food stamps as a result. The legislation also rolls back US$488-billion in subsidies for wind and solar electrical power projects, and electric-vehicle tax credits, while adding some new subsidies for burning coal. 'People will die. Tens of thousands, perhaps year after year after year, as a result of the Republican assault on the health care of the American people,' Mr. Jeffries thundered during his marathon speech, in which he described the bill as 'a crime scene' for its Medicaid and food-stamp cuts. Throughout the debate, Democrats pointed to analyses, including by Mr. Trump's alma mater at the University of Pennsylvania's Wharton School, that 70 per cent of the bill's tax benefits would go to the top 10 per cent of income earners. Mr. Jeffries began speaking at 4:52 a.m. and continued for eight hours and 45 minutes, the longest anyone has spoken in the House, finishing at 1:37 p.m. The speech followed an all-night session during which Mr. Johnson spent nine hours on a single procedural vote to give himself and Mr. Trump time to lobby holdout Republicans. Tony Keller: Trump has yet to kill the golden goose that is the U.S. economy. But he's working on it The bill had originated in the House, which passed an earlier version in May by a single vote. But the Senate made a suite of changes – deepening both the tax and health care cuts, and adding to the debt required to finance the bill – meaning the House had to vote again. The Senate's changes complicated the legislation both for the handful of remaining fiscal conservatives in the Republican House caucus as well as for moderates. Mr. Trump used meetings, phone calls and public berating to cajole his caucus into line. 'MAGA IS NOT HAPPY, AND IT'S COSTING YOU VOTES!!!,' he wrote on Truth Social shortly after midnight. His policy chief, Stephen Miller, chimed in with tweets saying the bill will 'liberate America from invasion' and represented 'the moment to save civilization.' Mr. Johnson took a lighter touch, extolling the law's virtues before the final vote. 'If you're for a secure border, safer communities and a strong military, this bill is for you,' he said. In the end, the only Republicans to vote against were Thomas Massie, a Kentucky deficit hawk, and Brian Fitzpatrick, who represents a swing district in Pennsylvania. Now, both Democrats and Republicans will try to win the messaging war on the legislation. A Quinnipiac University poll shows 55 per cent of respondents oppose the bill and 29 per cent support it, and Democrats will be hoping to leverage pain caused by safety-net cuts in Republican communities to argue that Mr. Trump has broken campaign promises not to roll back health care. Republicans, for their part, will be playing up the tax cuts and pushing the mass deportations as the fulfilment of Mr. Trump's central policy agenda. The bill also drove a wedge between Mr. Trump and Elon Musk, who spent US$277-million helping Republicans get elected last year. The Tesla billionaire, upset with the legislation's big-spending ways and its cut to electric-vehicle subsidies, is now musing about starting his own political party. Mr. Trump has fired back by saying Mr. Musk should be sent back to his native South Africa.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store