Medical Economics October 1, 2024
Protecting your practice starts with some basic strategies
Cybersecurity is a constant and costly challenge for industries across the board. Health care faces additional risks and, in fact, spends more than any other industry recovering from cyberattacks that continue to increase in frequency. By our calculations of raw data from the U.S. Department of Health and Human Services Office for Civil Rights, between 2022 and 2023 the number of entities impacted by ransomware attacks grew by 250%.
In 2023 alone, the average cost of a breach ballooned more than 50% to nearly $11 million annually. Data breaches are problematic for all health care organizations, particularly small provider practices that may not have the resources to spend recovering from one.
Small...
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