"Cost of a Data Breach: The Healthcare Industry"

The "2024 Cost of Data Breach Study" by IBM and the Ponemon Institute details the financial costs of cyberattacks across different industries. In 2023, the global average cost of a data breach reached $4.45 million, up 15 percent over the previous three years. The report attributed this increase to the rising expenses of lost business and post-breach response actions. The US averaged $9.48 million per breach, the highest of any nation. As in previous years, healthcare had the highest average breach costs at $10.93 million. This article continues to discuss key findings from the 2024 Cost of Data Breach Study.

SecurityIntelligence reports "Cost of a Data Breach: The Healthcare Industry"

Submitted by grigby1