Why Healthcare Industries Are Seeing More Data Breaches | Smeester & Associates

Why Healthcare Industries Are Seeing More Data Breaches

No company is immune to a data breach. These days, no matter what industry a company falls under, there is always the risk of something happening. If companies aren’t taking the proper measures to manage their networks, a data breach can really set a company back, if not taking it off the market completely. Because of this, more and more companies have realized the importance of investing in an outsourced CIO to help prevent problems from occurring. Why, is it then, that we are seeing continuous data breaches in the healthcare industry, and why are the problems not being solved?

Well, it’s not so simple, and there may be several reasons as to why the healthcare industry is experiencing more data breaches than ever before.

Data Breach Statistics

In order to really understand how data breaches are impacting the healthcare industry, one would need to look at the actual numbers. According to the annual HIMMS Cybersecurity Survey, 75% of the 239 healthcare respondents surveyed reported that their organization experienced a “significant security incident in the past 12 months.” What’s interesting is that 96% of those respondents said that the organizations were able to identify the threat actor. But, as more than half of these respondents reported that their organization has a clearly defined budget that is allocated to cybersecurity and are seemingly on top of their network, it makes people wonder why these data breaches are continuing to happen at such high rates.

Healthcare Industry as a Target

Despite the fact HIPAA laws are in place to protect patients and healthcare employees, it’s been proven that there’s only so much that can be done in order to protect hospitals and doctors’ offices against data breaches. Hackers may have certain inclinations in mind when it comes to installing Ransomware or Malware on a medical facility’s network, and you can’t really blame them. Because a patient’s data is so sensitive, and because almost all records are now kept digitally, these hackers have a lot of leverage when it comes to getting what they want. If hospitals don’t have a way of backing up this information, or they are afraid of it getting into the wrong hands (one of the biggest concerns), they will certainly feel the pressure to pay up.

Of course, as we know, it’s not only hackers that are to blame for data breaches. According to this HIMMS Cybersecurity Survey, 20% of the respondents said the attack came from a negligent insider.

The Problem

So, what’s the deal? If healthcare industries know that they are a target, and they know that healthcare data breaches are one of the main threats we are seeing today among relevant industries, then what’s going wrong? Why can’t something change in order to put a stop to all of this?

Well, according to HealthIT Security, the problem is that there isn’t a standard cybersecurity framework that’s being utilized across the board. When these healthcare industries aren’t on the same page regarding this issue, then it makes sense that more breaches continue to occur.

How to Protect Healthcare Industries

Unfortunately, just talking about what needs to be done isn’t going to help the thousands of healthcare facilities that are experiencing data breaches this year or even this month, especially when many hospitals, insurance companies, and doctor’s offices are still each using their own software and computer systems.

At this moment, healthcare companies should be doing everything in their power to keep their own network secure. While one way to do this is, of course, by implementing a solid network management plan, the absolute best way to go about this is through hiring an outsourced CIO. This will not only help to prevent data breaches coming from the outside, but it can also help stop data breaches that happen internally. Additionally, a CIO can help implement a reliable backup and disaster recovery system to protect the patients’ information as well as protect the medical facility from risk.

In the meantime, try our RiskAware™ Cyber Security Scan & Report to see where your security currently stands.