GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Pharmacy Industry Statistics

Cyber attacks in the pharmacy industry are on the rise, with a 350% increase in reported incidents in the past year, highlighting the growing importance of firm cybersecurity measures to protect sensitive patient data.

With sources from: healthtechmagazine.net, netdiligence.com, digitalguardian.com, fortifiedhealthsecurity.com and many more

Statistic 1

In 2020, 100% of surveyed healthcare organizations, including pharmacies, have reported a security incident.

Statistic 2

In the first five months of 2020, over 1,300 healthcare providers were targets of cyber threats.

Statistic 3

The cost of a healthcare data breach is $7.13 million on average, compared to $3.86 million for other sectors.

Statistic 4

In 2020, Ransomware incidents increased to up to 486% in the healthcare sector.

Statistic 5

Approximately 48% of pharmacists were not confident in their staff’s ability to implement best cybersecurity practices in 2019.

Statistic 6

Approximately 56% of pharmacists believe that cybersecurity threats will increase over the next year.

Statistic 7

Only 15% of pharmacies have a dedicated cybersecurity team.

Statistic 8

Nearly 70% of pharmaceutical companies have experienced a data breach.

Statistic 9

Ariticifical Intelligence (AI) investment in cybersecurity in the healthcare sector is set to reach $8.2 billion by 2026.

Statistic 10

The total loss from cybersecurity breaches in healthcare was over $24 billion in 2020.

Statistic 11

About 39% of cybersecurity breaches in healthcare and pharmaceuticals were due to lost devices in 2019.

Statistic 12

Cyberattacks can result in drug supply chain disruption for up to 93% of pharma organizations.

Statistic 13

The average time to detect and contain a breach in healthcare, including pharmacies, is 329 days.

Statistic 14

Cybersecurity breaches can cost, on average, $712 per patient record for healthcare organizations.

Statistic 15

The top cybersecurity concern among healthcare organizations is employee negligence, affecting 59% of organizations.

Statistic 16

Nearly 80% of healthcare organizations, including the pharmaceutical sector, experienced a cyber-attack in the past year.

Statistic 17

It takes an average of 236 days to identify a breach in the health industry.

Statistic 18

The Healthcare industry, including pharmacies, is the most targeted industry, experiencing around 37% of all ransomware attacks.

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In this post, we will discuss the critical issue of cybersecurity within the pharmacy industry. The statistics paint a concerning picture of the cybersecurity landscape in healthcare, highlighting the prevalence of security incidents, the increasing frequency of cyber threats, and the significant financial impacts of data breaches. Stay tuned to learn more about the challenges and trends facing pharmacies in safeguarding sensitive information and maintaining secure operations in the face of escalating cyber risks.

Statistic 1

"In 2020, 100% of surveyed healthcare organizations, including pharmacies, have reported a security incident."

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Statistic 2

"In the first five months of 2020, over 1,300 healthcare providers were targets of cyber threats."

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Statistic 3

"The cost of a healthcare data breach is $7.13 million on average, compared to $3.86 million for other sectors."

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Statistic 4

"In 2020, Ransomware incidents increased to up to 486% in the healthcare sector."

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Statistic 5

"Approximately 48% of pharmacists were not confident in their staff’s ability to implement best cybersecurity practices in 2019."

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Statistic 6

"Approximately 56% of pharmacists believe that cybersecurity threats will increase over the next year."

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Statistic 7

"Only 15% of pharmacies have a dedicated cybersecurity team."

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Statistic 8

"Nearly 70% of pharmaceutical companies have experienced a data breach."

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Statistic 9

"Ariticifical Intelligence (AI) investment in cybersecurity in the healthcare sector is set to reach $8.2 billion by 2026."

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Statistic 10

"The total loss from cybersecurity breaches in healthcare was over $24 billion in 2020."

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Statistic 11

"About 39% of cybersecurity breaches in healthcare and pharmaceuticals were due to lost devices in 2019."

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Statistic 12

"Cyberattacks can result in drug supply chain disruption for up to 93% of pharma organizations."

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Statistic 13

"The average time to detect and contain a breach in healthcare, including pharmacies, is 329 days."

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Statistic 14

"Cybersecurity breaches can cost, on average, $712 per patient record for healthcare organizations."

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Statistic 15

"The top cybersecurity concern among healthcare organizations is employee negligence, affecting 59% of organizations."

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Statistic 16

"Nearly 80% of healthcare organizations, including the pharmaceutical sector, experienced a cyber-attack in the past year."

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Statistic 17

"It takes an average of 236 days to identify a breach in the health industry."

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Statistic 18

"The Healthcare industry, including pharmacies, is the most targeted industry, experiencing around 37% of all ransomware attacks."

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Interpretation

The statistics presented reveal a concerning trend in the cybersecurity landscape of the pharmacy industry and healthcare sector as a whole. With a high percentage of organizations experiencing security incidents, significant financial losses, and a lack of confidence in implementing cybersecurity practices, it is evident that urgent action is needed to mitigate the risks posed by cyber threats. The increasing frequency of ransomware incidents, data breaches, and employee negligence highlights the vulnerability of these industries to malicious attacks. Investment in AI technology and dedicated cybersecurity teams will be crucial in safeguarding sensitive patient data and maintaining the integrity of drug supply chains. Swift response and proactive measures are essential to address the ongoing challenges and protect the interests of both healthcare providers and patients.

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