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Cybersecurity and Protected Health Information: Not Being Prepared is Costly

First few Article Sentences

The healthcare industry has been the largest target of cybersecurity threats in the last five years. The average cost of attacks is rising year over year with the healthcare industry having the highest per capita cost of compromised records. According to surveys of benchmarked companies in the United States, the average cost of record compromised per capita of data breaches for the health industry is $402, compared to the next highest industry, Life Science, of $302, with the median being $221.1 The heavy regulations, and requirements on companies when HIPAA violations occur, are driving healthcare companies to take a second look at how they handle personal health information, and what they can do to alleviate the burden involved in protecting against cyber threats and the costs involved in doing so.


Olsen, Teru

 

Ryan, Swanson & Cleveland, PLLC

Cybersecurity

December 5, 2016

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