Report: Top 3 Costliest IT Incidents for Hospitals

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IT incidents cost hospitals upwards of $1.6 billion every year, according to a report from the EMC Corporation.

The three most expensive incidents for hospitals include:

1. Security Breaches. Security breaches cost hospitals an average of $810,189 per incident. According to an EMC survey, health IT leaders say the most common causes for breaches include malware and viruses (58 percent), external attacks (42 percent), the loss or theft of physical equipment (38 percent) and staff error (35 percent).

2. Data Loss. Data loss costs hospitals an average of $807,571 per incident. Health IT executives reported the most common causes of data loss include hardware failure (51 percent), loss of power (49 percent) and loss of backup power (27 percent).

3. Unplanned Outages. Unexpected IT outages cost hospitals an average of $432,000 per incident. On average, hospitals and other healthcare organizations have lost 57 hours to unplanned downtime over the past year. The most commonly reported causes of outages over the last 12 months include hardware failure (65 percent), loss of power (49 percent), software failure (31 percent) and data corruption (24 percent).

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