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The Healthcare Cybersecurity Ecosystem: A System in Need of Comprehensive Care

Healthcare IT Today

During the due diligence process, financials, operations, market positionevery angleare reviewed before making a deal. A single ransomware attack, data breach, or insider exploit can devalue an entire company overnight. No entity is exempt. In those cases, deals can fall through or regulatory fines can accumulate.

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Security Breaches in Healthcare in 2023

HIPAA Journal

which does business as PJ&A NV Business Associate 8,952,212 Hackers access to its network between March 27, 2023, and May 2, 2023 Managed Care of North America (MCNA) GA Business Associate 8,861,076 Ransomware attack with data leak (LockBit ransomware group) Welltok, Inc.

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Healthcare Data Breach Statistics

HIPAA Journal

There has also been a downward trend in improper disposal incidents and unauthorized access/disclosure incidents, but data breaches continue to increase due to a massive increase in hacking incidents and ransomware attacks.In For instance, in 2022, the electronic health record provider, Eye Care Leaders, suffered a ransomware attack.

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