The lion’s share of medical identity theft victims can expect to pay upwards of $13,500 to resolve the crime. What’s more, about 50 percent of consumers say they would find another healthcare provider if they were concerned about the security of their medical records. How’s that for a business case to take security a little more seriously?
As Ann Patterson, senior vice president and program director for the Medical Identity Fraud Alliance, emphasized, the reputational impacts of medical identity theft for both consumer and provider organizations are huge.
