Why the growth of cybersecurity in healthcare may not prevent data breaches

Although 45 percent of healthcare CIOs in a 2018 Datica survey said their organizations are developing cloud applications, 50 percent said they were concerned about the security and regulatory compliance of cloud vendors, according to Business Insider.

The reason for their concerns may be because many healthcare organizations do not have the resources to combat the rising number of cyberattacks. Cybersecurity is no longer a top priority for CIOs, as it comes with high costs. Additionally, cyberattacks have become more sophisticated for healthcare organizations to handle.

While healthcare firms spent millions of dollars on cybersecurity efforts in 2018, the number of patients that had their data exposed has doubled to 32 million.

The rise of data breaches puts a tremendous financial strain on the healthcare industry. The cost of data breaches has increased 7 percent year over year. On a global perspective, healthcare organizations lose around 7 percent of their customers from a data breach, reports Business Insider.

One of the ways to improve cybersecurity efforts without putting all the pressure on healthcare organizations is for the government to step in, Business Insider reports.

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