Cyber crime is becoming more and more prevalent in healthcare. In 2015, the healthcare/medical sector ranked second in the number of breaches reported (35.4% of 780 total breaches) and first in the number of affected records (over 121 million records) according to the Identity Theft Resource Center.
Studies have shown that the number one risk to data in 2015 was hacking or phishing incidents. The #2 risk was employee error or negligence, which has more than doubled in the last three years, again according to the Identity Theft Resource Center.
On average it costs $10-30 per patient record to respond to a data breach. This includes the cost of notification expenses, legal fees, and related credit monitoring services. Additional costs such as IT forensics and potential fines or penalties could lead even a small breach to cost well over $100,000.
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Experian is forecasting that in 2017 healthcare organizations will be the most targeted sector. Electronic Health Records are likely to be a primary target for hackers. Deployment of new mobile applications by healthcare institutions introduce new vulnerabilities. They also predict that ransomware will continue to be a top concern, particularly because the disruption to healthcare system operations could be catastrophic. Download the full forecast here.
KnowBe4, a security awareness training company, has released the 7 Urgent Reasons For Creating A Human Firewall
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