LabCorp, a medical laboratory testing business, was hit with a cyber attack this past weekend that has resulted in the firm being offline, limiting customer access to sensitive information and delaying the testing process. According to reports, it’s not apparent why the cybercriminals attacked their IT network, but they were able to do enough damage to knock LabCorp offline, ultimately affecting their normal business operations.
According to LabCorp, there was no evidence of unauthorized transfer or misuse of data. LabCorp has notified the relevant authorities of the suspicious activity and will cooperate in any investigation. Despite the potentially minimal affects of this attack, it’s worth noting the increasing security exposures surrounding the healthcare industry in the past few years.
Additionally, had the medical laboratory testing firm had a cyber insurance policy in place, it’s likely that they would be protected from business interruption, potential financial loss, as well as additional expenses associated with any cyber attack.
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