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Healthcare is the number-one industry targeted by cyber attackers. The average cost of a healthcare data breach is $355 per record—more than double the cost for other industries.[1] With nearly 16.5 million healthcare records exposed in the U.S. in 2016 alone, the economic impact of cyber attacks is staggering.[2]

And financial cost isn’t the only thing at risk. Breaches can tarnish an institution’s reputation and erode patient trust. Beyond patient loyalty, concern about security can impede care. According to a study from Dartmouth and the University of Wisconsin-Milwaukee, 13% of patients withhold information from their healthcare providers due to privacy or security concerns.[3]

So what can you do to protect your institution’s network, connected medical devices, and patient data from threats? Check out our new e-book to see how Cisco is helping three healthcare providers enable cybersecurity across the care continuum.

Sources:

[1] Ponemon Institute, Cost of a Data Breach: Global Analysis, 2016 https://www-01.ibm.com/common/ssi/cgi-bin/ssialias?htmlfid=SEL03094WWEN

[2] HIPAA Journal, Largest Healthcare Breaches of 2016, 2017 http://www.hipaajournal.com/largest-healthcare-data-breaches-of-2016-8631/

[3] Dartmouth College and University of Wisconsin-Milwaukee, The double-edged sword of electronic health records, 2015 https://www.ncbi.nlm.nih.gov/pubmed/25059953



Authors

Sarah Struble

Marketing Manager

Global Healthcare Marketing