Healthcare data breaches come in all sizes and varieties – from the massive breach of 80 million patient and employee records at insurance giant Anthem to a stolen iPhone containing about 400 unencrypted patient records at Catholic Health Care Services in Philadelphia.

Even “small” breaches can be costly. The Catholic Health breach resulted in a $650,000 regulatory fine and a two-year corrective action plan.

According to the latest Ponemon Institute study, the healthcare field has the highest cost per breached record of any industry: $402. That adds up to $4 million for 10,000 records – about twice the cost of a breached record in the retail sector.

Read the entire article at Becker’s Health IT and CIO Review.

Bob Chaput

CEO at Clearwater Compliance
Bob Chaput is widely recognized for his extensive and in-depth knowledge of healthcare compliance and cyber risk management, and is one of the industry’s leading authorities in healthcare information security today. As a leading authority safeguarding health data, Chaput has supported hundreds of hospitals and health systems to successfully manage healthcare’s evolving cybersecurity threats and ensure patient safety.