Healthcare Data Breach Costs: Remain Highest for 8th Straight Year

Posted on in Service Solutions, Cybersecurity, Product and Service Solutions

From the Desk of Carol Albaugh

IBM and The Ponemon Institute recently published their 2018 Cost of a Data Breach Report. The findings for our industry are pretty staggering. Healthcare data breach costs an average of $408 per record, the highest of any industry for the eighth straight year and nearly three times higher than the cross-industry average of $148 per record. Data breaches and the implications associated continue to be an unfortunate reality in the healthcare industry. No matter your company size, you will be targeted. 

HealthIT Security gives a good overview of the study in its article, Healthcare Data Breach Costs Remain Highest Among Industries.

Proactive security steps and proper incident response planning can significantly reduce the costs and likelihood of a breach occurring.

For more information contact Carol Albaugh at 319.874.4797 or by email at [email protected]