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.
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