GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Medical Industry Statistics

Cybersecurity incidents in the medical industry are on the rise, with data breaches costing the industry an estimated $6.2 billion annually.

Highlights: Cybersecurity In The Medical Industry Statistics

  • 82% of healthcare organizations have experienced an Internet-of-Things-focused cyber attack.
  • In 2021, the healthcare industry experienced a stunning 150% increase in the number of cyberattacks.
  • Cybersecurity breaches cost the global healthcare sector over $25 billion in 2019.
  • In a 2020 survey, 28% of respondents from healthcare organizations said they experienced ransomware attacks.
  • 4 out of 5 doctors have experienced some form of a cybersecurity attack.
  • The US Healthcare sector saw an average of 32,000 intrusion attacks daily in 2020.
  • Patient records breaching cost healthcare organizations an average of $429 per record 2019.
  • As of 2020, healthcare providers were the most targeted by ransomware attacks, making up 88% of all industries.
  • Only 15% of healthcare workers feel confident that their industry is prepared to combat cyber threats.
  • By the end of 2021, it was estimated that ransomware attacks would cost healthcare organizations more than $20 billion.
  • The median dwell time for healthcare breaches is 28.3 days, more than any other industry.
  • In 2020, 91% of healthcare organizations had at least one data breach.
  • One-third of all data breaches in the hospital setting are attributed to device theft or loss.
  • 41% of healthcare organizations have over 5,000 devices that need patches.
  • By the end of 2021, cybercrime is projected to be a $6 trillion industry, often targeting the healthcare sector.
  • 60% of hospitals had reported a cybersecurity incident or breach that resulted in patient data being compromised in the past 12 months.

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The Latest Cybersecurity In The Medical Industry Statistics Explained

82% of healthcare organizations have experienced an Internet-of-Things-focused cyber attack.

The statistic that 82% of healthcare organizations have experienced an Internet-of-Things-focused cyber attack indicates a widespread vulnerability within the healthcare industry to cyber threats targeting connected devices. This high percentage suggests that a significant majority of healthcare organizations have been impacted by security breaches or attacks specifically focused on exploiting vulnerabilities in Internet-of-Things (IoT) devices within their infrastructure. Such attacks can jeopardize patient data privacy, compromise critical healthcare systems, and disrupt medical services, underscoring the urgent need for robust cybersecurity measures and protocols to safeguard sensitive information and ensure the secure operation of healthcare facilities in the digital age.

In 2021, the healthcare industry experienced a stunning 150% increase in the number of cyberattacks.

The statistic that in 2021, the healthcare industry experienced a 150% increase in the number of cyberattacks implies a substantial and alarming rise in the frequency and severity of cybersecurity threats targeting healthcare organizations. This sharp uptick in cyberattacks suggests that the healthcare sector is increasingly vulnerable to malicious actors seeking to exploit vulnerabilities in their systems and data security measures. The significant increase highlights the pressing need for healthcare institutions to bolster their cybersecurity defenses, implement robust protective mechanisms, and invest in cybersecurity infrastructure to safeguard sensitive patient information and mitigate the risks associated with cyber threats in order to maintain the integrity and confidentiality of critical healthcare data.

Cybersecurity breaches cost the global healthcare sector over $25 billion in 2019.

The statistic ‘Cybersecurity breaches cost the global healthcare sector over $25 billion in 2019’ highlights the significant financial impact of data breaches and cyberattacks on the healthcare industry. This figure represents the direct costs incurred by healthcare organizations in responding to and recovering from security incidents, including expenses related to investigation, remediation, regulatory fines, and legal settlements. Beyond the monetary aspect, these breaches also have wide-ranging implications for patient safety and privacy, as sensitive medical records and personal data are at risk of exposure or misuse. Addressing cybersecurity vulnerabilities within the healthcare sector is crucial to safeguarding both financial resources and the integrity of patient information.

In a 2020 survey, 28% of respondents from healthcare organizations said they experienced ransomware attacks.

In a 2020 survey of healthcare organizations, it was found that 28% of respondents reported experiencing ransomware attacks. This statistic suggests that a significant proportion of healthcare organizations were targeted by ransomware, a type of cyberattack where hackers encrypt data and demand a ransom for its release. Such attacks can disrupt healthcare services, compromise sensitive patient data, and potentially put lives at risk. The prevalence of ransomware attacks in the healthcare sector underscores the importance of robust cybersecurity measures to protect patient information and ensure the continuity of critical healthcare services.

4 out of 5 doctors have experienced some form of a cybersecurity attack.

The statistic “4 out of 5 doctors have experienced some form of a cybersecurity attack” suggests that a significant majority of doctors have encountered a breach in their digital security measures. This statistic highlights a concerning trend of healthcare professionals being vulnerable to cyber threats, which could have serious implications for patient data privacy and overall healthcare system integrity. It underscores the pressing need for increased awareness, training, and investment in robust cybersecurity measures within the healthcare industry to protect sensitive information and ensure the safety and trust of both patients and healthcare providers.

The US Healthcare sector saw an average of 32,000 intrusion attacks daily in 2020.

The statistic that the US Healthcare sector experienced an average of 32,000 intrusion attacks daily in 2020 indicates a significant and concerning level of cyber threats faced by the sector. This high frequency of attacks highlights the susceptibility of healthcare organizations to breaches, data theft, and other cyber crimes. Given the sensitive nature of healthcare data and the critical importance of patient confidentiality, such a large number of intrusion attacks underscores the urgent need for robust cybersecurity measures to protect patient information, maintain the integrity of healthcare services, and safeguard the overall cybersecurity posture of the sector.

Patient records breaching cost healthcare organizations an average of $429 per record 2019.

The statistic “Patient records breaching cost healthcare organizations an average of $429 per record in 2019” indicates the financial impact of data breaches on healthcare institutions. This figure represents the average cost incurred by healthcare organizations for each patient record that is compromised due to a breach. These costs typically include expenses related to investigating the breach, notifying affected individuals, providing credit monitoring services, legal fees, and potential fines or penalties for non-compliance with data protection regulations. The significant financial burden of $429 per record highlights the importance for healthcare organizations to invest in robust cybersecurity measures and data protection strategies to safeguard patient information and mitigate the risks associated with data breaches.

As of 2020, healthcare providers were the most targeted by ransomware attacks, making up 88% of all industries.

The statistic states that in 2020, healthcare providers were the most common targets of ransomware attacks, accounting for 88% of all attacks across different industries. This indicates a significant vulnerability within the healthcare sector to cyber threats, highlighting the importance of improving cybersecurity measures within the industry. Ransomware attacks involve malicious actors encrypting critical data and demanding a ransom for its release, posing serious risks to patient data security and overall service delivery. The high frequency of attacks on healthcare providers suggests a pressing need for increased investment in robust cybersecurity defenses, employee training, and adherence to best practices to mitigate the potentially devastating impacts of such attacks on patient care and organizational integrity.

Only 15% of healthcare workers feel confident that their industry is prepared to combat cyber threats.

The statistic that only 15% of healthcare workers feel confident that their industry is prepared to combat cyber threats suggests a concerning lack of readiness within the healthcare sector to address cybersecurity challenges. This low confidence level could indicate a lack of proper cybersecurity training, resources, or procedures in place to protect sensitive patient data and systems from cyber attacks. Given the increasing frequency and sophistication of cyber threats targeting healthcare organizations, such as ransomware attacks and data breaches, it is crucial for the industry to prioritize and invest in cybersecurity measures to safeguard the privacy and security of patient information and uphold the trust of both employees and patients in the healthcare system.

By the end of 2021, it was estimated that ransomware attacks would cost healthcare organizations more than $20 billion.

The statistic indicates that ransomware attacks were projected to impose a financial burden exceeding $20 billion on healthcare organizations by the conclusion of 2021. This estimate serves as a reflection of the detrimental impact cyberattacks, specifically ransomware incidents, have on the healthcare industry in terms of financial losses. Ransomware attacks involve hackers encrypting critical data and demanding ransom payments in exchange for decryption keys, thus causing disruptions to healthcare services, compromising patient records, and leading to significant financial repercussions. The substantial projected cost of over $20 billion highlights the urgent need for robust cybersecurity measures and resources to protect healthcare systems and patient information from malicious cyber threats.

The median dwell time for healthcare breaches is 28.3 days, more than any other industry.

The statistic stating that the median dwell time for healthcare breaches is 28.3 days, higher than any other industry, reveals the average length of time that a cybersecurity threat goes undetected within healthcare organizations before being discovered and mitigated. A longer dwell time indicates a higher potential for malicious actors to conduct their activities and potentially access sensitive patient data or disrupt healthcare services. This statistic highlights a concerning vulnerability within the healthcare industry, emphasizing the need for improved cybersecurity measures, proactive threat detection, and rapid incident response to safeguard patient information and maintain the integrity of healthcare systems.

In 2020, 91% of healthcare organizations had at least one data breach.

The statistic reveals that in 2020, the vast majority of healthcare organizations, specifically 91%, reported experiencing at least one data breach. This indicates a significant and concerning vulnerability within the healthcare industry regarding the protection of sensitive information. Data breaches in healthcare can lead to compromised patient privacy, financial loss, and damage to the reputation of organizations. The high percentage suggests that there is a critical need for improved cybersecurity measures and data protection strategies within the healthcare sector to prevent such breaches in the future and safeguard patient data effectively.

One-third of all data breaches in the hospital setting are attributed to device theft or loss.

The statistic, “One-third of all data breaches in the hospital setting are attributed to device theft or loss,” indicates that a significant proportion of data breaches in hospitals are caused by incidents involving the theft or loss of devices such as laptops, smartphones, or tablets that contain sensitive information. This finding underscores the potential security risks associated with the physical loss of devices in healthcare settings and the importance of implementing robust security measures to protect patient data. Hospitals and healthcare organizations must prioritize the safeguarding of devices that store or transmit sensitive data to prevent unauthorized access and data breaches, thereby maintaining patient confidentiality and upholding regulatory compliance.

41% of healthcare organizations have over 5,000 devices that need patches.

This statistic indicates that a significant percentage, specifically 41%, of healthcare organizations are faced with the challenge of managing a large number of devices requiring software patches or updates. In particular, these organizations have over 5,000 devices that need to be maintained and secured through regular patching to address vulnerabilities and ensure the overall security and functionality of their systems. This highlights the importance of effective patch management practices in the healthcare industry to mitigate cybersecurity risks and protect sensitive patient data from potential breaches or cyberattacks.

By the end of 2021, cybercrime is projected to be a $6 trillion industry, often targeting the healthcare sector.

The statistic indicates that by the end of 2021, cybercrime is expected to become a $6 trillion industry, with a significant focus on targeting the healthcare sector. This projection highlights the immense financial impact of cybercrime activities, emphasizing the growing threat posed by malicious actors in the digital realm. The healthcare sector, in particular, is increasingly vulnerable to cyberattacks due to the vast amount of sensitive information stored within its systems, making it an attractive target for cybercriminals seeking to exploit weaknesses for financial gain. As such, organizations in the healthcare industry must prioritize cybersecurity measures to safeguard patient data and protect against the escalating risks associated with cyber threats.

60% of hospitals had reported a cybersecurity incident or breach that resulted in patient data being compromised in the past 12 months.

The statistic shows that a concerning 60% of hospitals experienced a cybersecurity incident or breach in the past year that led to patient data being compromised. This highlights the vulnerability of healthcare organizations to cyber threats and the potential risks to patient privacy and confidentiality. The high prevalence of incidents indicates the importance of strengthening cybersecurity measures in healthcare institutions to protect sensitive information and ensure the safety and security of patient data. Efforts such as implementing robust security protocols, regular training for staff, and investing in secure infrastructure are crucial to mitigate the risks associated with cyber threats in the healthcare sector.

References

0. – https://www.www.forbes.com

1. – https://www.www.statista.com

2. – https://www.www.fortifiedhealthsecurity.com

3. – https://www.www.tripwire.com

4. – https://www.home.kpmg

5. – https://www.www.cyber-observer.com

6. – https://www.www.beckershospitalreview.com

7. – https://www.redcanary.com

8. – https://www.www.cybintsolutions.com

9. – https://www.www.americanehr.com

10. – https://www.www.distilnetworks.com

11. – https://www.www.hcinnovationgroup.com

12. – https://www.www.healthcareitnews.com

13. – https://www.healthtechmagazine.net

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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