Medical Economics July 31, 2024
The world of cybersecurity is growing more complex. Use these practices to start updating your security in the coming weeks
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 year-over-year. By our calculations of raw data from U.S. HHS 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 who may not have the resources...
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