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Why the rise in healthcare cyber attacks?
Given that health records have become a very valuable commodity, the industry has established issues with lax security , and the coronavirus has created a slew of new opportunities due to the rise in telemedicine, it’s not a surprise that there has been a significant increase in healthcare cyber attacks. The numbers revealed by a new Bitglass study are nevertheless eye-popping; an increase of over 55% in 2020, with an estimated impact to the protected health information (PHI) of some 26 million people in the United States.
Opportunistic hackers increasingly see medical records as flexible all-in-one identity theft packages and scam toolkits. This has turned attacks on healthcare providers into a $13.2 billion industry, with the average data breach cost per record rising to $499 last year. Healthcare cyber attacks take center stage
The annual Bitglass “Healthcare Breach Report” analyzes data posted to the “Wall of Shame” breach reporting and public accountability website run by the U.S. Department of Health and Human Services. This data has shown a steady rise in healthcare cyber attacks in recent years, but 2020 was more severe due to a combination of pandemic conditions: organizations shifting to remote work models, increasing permissibility of “bring your […]