DOTmed August 26, 2024
Data breaches on major healthcare conglomerates, such as Change Healthcare and HealthEquity, where the latter was breached through a third-party vendor’s credentials, demonstrate the ripple effect that reaches even small organizations like privately owned clinics and healthcare facilities. These security events are detrimental to businesses and healthcare organizations of any size, but the results can be devastating for small to medium-sized businesses (SMBs).
Despite 57% of small business owners believing they won’t be targeted, cybercriminals frequently target these enterprises. In one year, the FBI’s Internet Crime Complaint Center fielded more than 880,000 reports of cyberattacks, resulting in the potential for $12.5 billion in losses. Small businesses were disproportionately affected. This highlights a dangerous misconception: many small business owners mistakenly believe...