Records Management: The First Line of Defense for the Healthcare Sector Against Data Breaches and Cybercrime
There has been a surge in cybercrime in 2020 due to the pandemic, and all sectors experienced their fair share of data breaches. However, according to a report , the healthcare sector in the United States experienced a staggering 51% increase in data breaches compared to the 2019 figures. Although the healthcare sector's total share of data breaches is still significantly low compared to the IT and finance sector, the average cost of a breach in healthcare stayed higher than that of all other industries in 2020 and increased 10.5% since 2019. As alarming as it is, the healthcare sector is incredibly ill-positioned to withstand network outages, making it a perfect target for ransomware groups. But this sector was not particularly hard impacted until 2019, as these facilities do not have the financial resources to pay the vast ransoms that cybercriminals seek. While the fundamental reasons for breaches can be difficult to pinpoint, the study suggests that a failure to vulnerability p...