Security Boulevard October 8, 2021
For the 11th year in a row, healthcare is at the top of IBM’s “Cost of a Data Breach Report,” ranking number one among all industries for the highest average cost of a data breach. For the 2021 report, that number is now more than $9 million, far surpassing the just more than $7 million average cost of a breach in 2020.
The attacks on the healthcare industry aren’t just getting more expensive, they’re also increasing in frequency and complexity. This can be attributed, in part, to the changing technological landscape for healthcare-covered entities and business associates as a result of the coronavirus pandemic, which began in 2020.