Why safeguarding sensitive data is so crucial

A data breach at virtual medical provider Confidant Health lays bare the vast difference between personally identifiable information (PII) on the one hand and sensitive data on the other. The story began when security researcher Jeremiah Fowler discovered an unsecured database containing 5.3 terabytes of exposed data linked to Confidant Health. The company provides addiction […]

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Cost of a data breach: The healthcare industry

Cyberattacks grow every year in sophistication and frequency, and the cost of data breaches continues to rise with them. A new report by IBM and the Ponemon Institute, the 2024 Cost of Data Breach Study, details the financial impacts of attacks across multiple industries. The global average cost of a data breach reached an all-time […]

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Reporting Healthcare Cyber Incidents Under New CIRCIA Rules

Numerous high-profile cybersecurity events in recent years, such as the Colonial Pipeline and SolarWinds attacks, spurred the US government to implement new legislation. In response to the growing threat, President Biden signed the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) in March 2022. While the law has passed, many healthcare organizations remain […]

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Healthcare Breaches Costliest for 12 Years Running, Hit New $10.1M Record High

IBM Security and the Ponemon institute release an annual report known as one the most significant industry benchmarks. The Cost of a Data Breach analysis examines real-world breaches in great detail, producing insights into the factors that impact the cost of cyber-attacks. In the 2022 report just released, the healthcare sector stands out for extremely […]

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Incident Response for Health Care IT: Differences and Drivers

Threat actors continue to target the health care industry. IBM’s Threat Intelligence Index for 2022 rates the industry as the sixth most targeted. That puts it close behind the energy and retail and wholesale sectors. Certain regions seem to be more prone to attack as well. The Asia-Pacific region accounted for 39% of all health […]

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Hospital Ransomware Attack: Here’s What a Cybersecurity Success Story Sounds Like 

Major ransomware attacks are scary, but against hospitals, they are even worse. One notable attack in August 2021 forced Ohio’s Memorial Health System emergency room to shut down (patients were diverted to other hospitals). In all hospital attacks, the health, safety, privacy and lives of patients face risk. But this incident also shows that whether targets […]

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Understanding the Cyber Risk Exposures Within the Health Care Industry

The health care industry is one of the most popular and lucrative targets for cyberattacks and malicious activity. Health care organizations always present as an attractive proposition to hackers as they possess high volumes of sensitive information about patients and rely on highly vulnerable medical devices. Advancements in medical procedures and the growth in digital […]

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Health Care Data: It’s Your Personal ‘National Security’ Information

If you wanted to put all the pieces of a person’s profile together, health care data would likely be the most important piece of the personally identifiable information (PII) puzzle. It’s powerful. A heartbeat can open a door. This data is the most important type related to a person, the crown jewel of PII data […]

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Threat Actors’ Most Targeted Industries in 2020: Finance, Manufacturing and Energy

IBM Security’s annual X-Force Threat Intelligence Index uses data derived from across our teams and managed customers to gather insights about the topmost targeted industries every year, helping organizations manage risk and resource investment in their security programs. When it comes to managing digital risk and facing potential cyberattacks, each industry faces its own unique […]

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