McKinsey February 18, 2025
Cyberattacks and tech outages at provider organizations have reached an all-time high. To stem the tide, providers need strong plans to prevent, detect, and recover from attacks and disruptions.
Cyberattacks on the healthcare industry have been on the rise. Worldwide ransomware incidents have steadily increased year over year and nearly doubled in 2023 compared with 2022. In the United States, attacks rose 128 percent between those two years. The outages that result from these attacks can have severe, long-lasting effects on health systems and patients. Globally, healthcare provider organizations incur the highest cost for data breaches of any industry, averaging $9.8 million per incident—more than 1.5 times the financial-services industry’s $6.1 million, according to IBM’s Cost of a data breach...
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