The average costs of a data breach in healthcare reached nearly $11 million in 2023 – a 53% price increase since 2020, IBM notes in a new report.
Cybercriminals have started making stolen data more accessible to downstream victims, according to the 2023 X-Force Threat Intelligence Report. With medical records as leverage, threat actors amplify pressure on breached organizations to pay a ransom. In fact, across all industries studied, customer personally identifiable information was the most commonly breached record type and the costliest. Read more.