Healthcare DIVE August 1, 2024
Though expenses declined since last year, healthcare is still the costliest industry for data breaches — a spot the sector has held since 2011.
Dive Brief:
- Healthcare remains the most expensive industry for responding to and recovering from data breaches, a rank the sector has held since 2011, according to a report by IBM and the Ponemon Institute.
- The average cost for a breach in the industry this year was $9.8 million, a decline from 2023 when the price tag reached $10.9 million.
- Still, expenses from healthcare data breaches far outstrip other sectors. Finance, the second costliest industry for data breaches, reported an average cost of $6.1 million.
Dive Insight:
The latest report from IBM and...
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