10 Scary Healthcare Security Stats

Despite the soaring number of cyber attacks in healthcare, the industry spends very little on cybersecurity. ABI Research calculates cybersecurity spend for healthcare protection will only reach $10 billion globally by 2020, just under 10% of the total spend on critical infrastructure security.

“Cybersecurity traditionally has been underfunded in the healthcare sector… It’s looked at as a large cost center.” ~ Connie Barrera, Director of Information Assurance and CISO at Jackson Health System in Miami

This needs to change. If healthcare providers don’t start to prioritize investment in cybersecurity and consumer protection, they risk losing thousands of precious medical records, and the business of their patients and customers.

But all investments need buy-in from the top. The best way to make a business case for more security budget is to create a sense of urgency. Here are 10 stats to help you do it:

  1. The number of information security incidents reported by healthcare providers soared 60% from 2013 to 2014—almost double the increase seen in other industries.screen_shot_2015_09_02_at_7_13_46_am-300x287
  2. The street cost for stolen medical information is $450 vs. $1 for a social security number.
  3. Medical data is worth 10 times more than a credit card number on the black market.
  4. Cyber attacks in healthcare are skyrocketing—up 125% since 2010. (Ponemon Institute)
  5. There have been 1,282 attacks affecting more than 143.3 million individuals since 2009. (US Department of Health and Human Services)
  6. Cybersecurity spend for healthcare protection will only reach $10 billion globally by 2020, just under 10% of the total spend on critical infrastructure security.
  7. In 2014, medical identity theft increased by nearly 22 percent.
  8. If you have a breach, research suggests that 60% of your customers will think about moving and 30% actually do.
  9. Only five of the 40 top healthcare brands have a DMARC record.
  10. Cyber attacks cost the U.S. healthcare system $6 billion every year. (US Department of Health and Human Services)

But enough with the scary (but very real) statistics. What can the healthcare industry do to fight phishing attacks and cybercriminals? Check out The Healthcare Guide to Email Fraud for best practices you and your team can implement.

minute read

Popular stories

Products

BriteVerify

BriteVerify email verification ensures that an email address actually exists in real-time

DemandTools

The #1 global data quality tool used by thousands of Salesforce admins

Everest

Insights and deliverability guidance from the only all-in-one email marketing solution

GridBuddy Cloud

Transform how you interact with your data through the versatility of grids.

Return Path

World-class deliverability applications to optimize email marketing programs

Trust Assessments

A revolutionary new solution for assessing Salesforce data quality

Solutions

Validity for Email

Increase inbox placement and maximize subscriber reach with clean and actionable data

Validity for Data Management

Simplify data management with solutions that improve data quality and increase CRM adoption

Validity for Sales Productivity

Give your sales team back hours per day with tools designed to increase productivity and mitigate pipeline risks in real-time