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Cyber insurance secrets every healthcare leader should know

Former CISO turned global insurance executive reveals why hospitals pay ransoms and what cyber coverage healthcare providers actually need.
By admin
Jun 16, 2025, 6:09 PM

In the latest Health Stealth Radio episode, guest host Lisa Gallagher from CHIME talks with Dan Bowden, Global Business CISO at Marsh McLennan, about cyber insurance truths healthcare leaders need to hear.

Unlike other industries that refuse to pay ransoms, healthcare CEOs often pursue dual tracks — asking IT to recover systems while simultaneously exploring ransom payment options with legal counsel. Patient care comes first, and cybercriminals know it.

What You’ll Discover:

Why healthcare organizations almost always pay ransoms — and why cybercriminals know it.

The insurance benefits most hospitals never use — from incident response teams to executive tabletop exercises that reveal what your CEO really thinks about risk.

Why your CISO probably isn’t involved in cyber insurance decisions — and how that’s leaving dangerous gaps in coverage.

The “haves and have-nots” security divide plaguing healthcare, despite HIPAA requirements.

How AI is accelerating cyber threats without creating new ones, and what that means for your data governance strategy.

The third-party vendor time bomb — as healthcare relies more on cloud services, downstream breaches create new vulnerabilities most insurance policies don’t adequately address.


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