An article from Cybersecurity Dive shares the perils of healthcare breaches, with the average cost jumping from $1 million last year to over $10 million per breach this year. The article explains that healthcare payment processing firms are “particularly vulnerable to information technology breaches and ransom demands.” Two fintech firms have already been hit since the beginning of July, causing the exposure of nearly three million patients’ data.
Having a strong risk management is vital. Read the article to learn more.