Cybersecurity » Valuable Data, Lots of M&A, Make Healthcare a Fat Cyber Target

Valuable Data, Lots of M&A, Make Healthcare a Fat Cyber Target

March 14, 2018

Medical Data Computer Healthcare 23831686 420
Healthcare is the second largest sector of the U.S. economy, and healthcare organizations experience more than twice the number of attacks on average as compared to organizations in other vertical market categories. There are several reasons for this: cybersecurity isn’t as advanced in healthcare as it is in other sectors; health data is more valuable than financial services or retail data; and medical identity fraud usually takes longer to detect than other types of fraud. M&A in healthcare is picking up steam, creating cybersecurity challenges related to integrating medical technologies, and the need to share information between newly merged organizations. Tech spending is growing as well, and the more healthcare technology spending grows, the greater the attack surface for cybercriminals to exploit.

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