Costs of 3 security-related IT incidents

In the past year, 61 percent of global healthcare organizations have experienced some form of security-related incident, according to a report from MeriTalk, underwritten by EMC Corp.

Here are key findings from three of the most common security-related incidents.

Security breaches
•    19 percent of global healthcare organizations have experienced a security breach in the past year.
•    Each security breach incident cost an average of $810,189.
•    Malware and viruses account for 58 percent of security breaches, followed by loss or theft (38 percent) and user error (35 percent).

Data loss
•    28 percent of global healthcare organizations reported experiencing a data loss in the past year.
•    Each data loss incident cost an average of $807,571.
•    Hardware failure is the most common cause of data loss, at 51 percent, followed by power loss (49 percent) and backup power loss (27 percent).

Unplanned outages
•    In the past year, 40 percent of global healthcare organizations experienced an unplanned outage.
•    Each unplanned outage incident cost an average of $432,000.
•    Healthcare organizations report losing an average of 57 hours due to unplanned downtown in the past year.
•    Hardware failure accounts for the most common cause of outages (65 percent), followed by loss of power (49 percent), software failure (31 percent) and data corruption (24 percent).

More articles on cybersecurity:

Survey: Should CSIOs be included in the executive suite?
10 Worst Passwords of 2013: Is Yours on the List?
Opinion: What are Healthcare Organizations Lacking in Terms of Cybersecurity? Proper Leadership Structure

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