65% of healthcare organizations don’t offer any protection services for patients whose healthcare data has been lost or stolen.
The average cost of healthcare data breaches stands at $2.1 million.
Only about 50% of healthcare organizations perform the four-factor risk assessment following each security incident, as required by the HIPAA Final Rule.
This year’s Fifth Annual Benchmark Study on Privacy & Security of Healthcare Data by the Ponemon Institute1 uncovered these surprising facts. And, while this information may be disconcerting, each of the issues mentioned above can be addressed through an effective data management strategy.
IT leaders should be focusing the lion’s share of their efforts on
preventing healthcare data breaches in the first place. To this end, we
strongly recommend you and your team to consider taking the following
measures: