These observations raise the question: Why have so many healthcare institutions not given cybersecurity the attention and budget it clearly deserves?
Many industry analysts believe the incredibly rapid expansion of both healthcare data and Internet dependence simply overshadowed the imperative to adopt robust, scalable security.
A substantial number of healthcare executives today admit they need to do more about cybersecurity. In a recent study, when asked to assign a letter grade to their organizations’ cybersecurity quality, most healthcare chief information security officers gave themselves a “C.”8
53% of healthcare organizations have undergone a PHI breach within the past year.9
On average, such a breach exposes over 7,000 records and costs $1.8 million.9