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Significance of Medical Data Breaches – Steps Healthcare Institutions Must Take

Significance of Medical Data Breaches – Steps Healthcare Institutions Must Take

April 18, 2017

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According to the Brookings Institution, from late 2009 up to present times, the cost of breaches in the healthcare industry has reached $363 per record. Further, over 155 million Americans have had their medical information compromised by way of 1,500 data infractions. Interestingly, the medical care industry is the most vulnerable of all arenas. As reports by Accenture reveal, hospitals are likely to incur losses worth $305 billion over the next few years thanks to cyber crime.

What Makes the Healthcare Industry So Vulnerable?

The susceptibility of the healthcare industry to cyber crime is linked to government regulations, as the Brookings Institution reports.

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