Report: Successful cyberattacks cost healthcare organizations $6M each year

Fifty-six percent of healthcare organizations have been compromised by an endpoint attack in the last year, slightly less than the 64 percent of organizations across industries that reported so, according to a recent report sponsored by endpoint security company Barkly.

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Barkly tapped the independent research firm Ponemon Institute to conduct the survey of 660 IT and security professionals for a report on the cost of endpoint attacks, or cyberattacks originating in remote devices connected to a network, such as laptops, tablets or smartphones.

Endpoint attacks cost the average healthcare organization $6,499,500 annually, according to the survey’s findings, suggesting the healthcare industry as a whole spends $1.6 billion on endpoint attacks each year. The major drivers of this steep cost include loss of IT, loss of end-user productivity and theft of information assets.

Across industries, endpoint attacks cost organizations slightly more than in healthcare, at an average of $7,120,000.

To download Barkly’s report, click here.

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