- Hackers are targeting healthcare. The threat of cyber-attacks on healthcare has increased significantly due to the high value of electronic Personal Health Information (ePHI) on the black market.
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Health Insurance Portability and Accountability (HIPAA) violations tripled over 10 years. Confirmed HIPAA violations are skyrocketing. Their growth rate over the past 10 years outpaces almost any trend that comes to mind.
- Stolen laptops continue to result in huge fines. In several instances, a single stolen laptop led to fines in excess of $1,000,000 from the Department of Health & Human Services (HHS).
- A stolen thumb drive averages $925,000 in HIPAA fines. Since 2012, it costs an average of $925,000 in HIPAA fines for a single stolen thumb drive.
- Stolen office computers can be subject to fines too. Even a computer that never leaves your office can still be subject to a costly fine due to a HIPAA Privacy Act violation.
- Unpatched and unsupported software can also lead to fines.
- Accidental and non-malicious internal threats are increasing as well.
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