https://www.healthcarefinancenews.com/news/healthcare-data-breaches-will-cost-industry-4-billion-years-end-and-2020-poised-be-worse
By Jeff Lagasse
Associate Editor
Healthcare Finance
November 4, 2019
It's difficult to stay ahead of data breaches, and healthcare leaders seem to
largely agree that it's only getting more challenging -- and that's bad news
for the financial health of the industry, as data breaches are projected to
cost healthcare $4 billion by the end of the year. 2020 could be even more
costly.
NInety-six percent of IT professionals in a new Black Book Market Research
survey agreed with the sentiments that data attackers are outpacing their
medical enterprises, holding providers at a disadvantage in responding to
vulnerabilities.
Thus far in 2019, healthcare providers continued to be the most targeted
organizations for industry cybersecurity breaches with nearly 4 out of 5
breaches, whereas successful attacks on health insurers and plans maintained
with more sophisticated information security solutions had little change year
to year. More than half of all provider breaches were caused by external
hacking according to respondents.
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