The Latest Cybersecurity In The Wellness Industry Statistics Explained
90% of the wellness industry has experienced at least one cybersecurity incident.
The statistic indicates that a substantial majority, 90%, of businesses operating within the wellness industry have encountered at least one cybersecurity incident at some point. This finding suggests that organizations within the wellness sector are highly vulnerable to cyber threats, such as data breaches, malware attacks, or ransomware incidents. Such vulnerabilities could pose significant risks to consumer data privacy, financial security, and overall business operations within the industry. The high prevalence of cybersecurity incidents highlights the pressing need for enhanced cybersecurity measures and awareness among wellness companies to safeguard against potential breaches and protect both their own interests and those of their clients and customers.
The cost of cybercrime to the global wellness industry is estimated to hit $6 trillion annually by 2021.
The statistic indicates that the cost of cybercrime to the global wellness industry is projected to reach $6 trillion per year by 2021. This significant financial impact highlights the growing threat of cyber attacks on the wellness industry, including healthcare organizations, fitness facilities, and wellness-focused businesses. The statistic suggests that cybercriminals are increasingly targeting the industry due to its valuable data and potentially lucrative opportunities for financial gain. This underscores the urgent need for robust cybersecurity measures and investments to protect sensitive information and maintain the trust of patients, clients, and consumers in the wellness sector.
39% of wellness businesses report that they are ‘very concerned’ about the threat of cybercrime.
The statistic indicates that 39% of wellness businesses have expressed a high level of concern regarding the threat of cybercrime within their industry. This suggests that a significant portion of businesses operating in the wellness sector feel vulnerable to potential cyber threats, such as hacking, data breaches, and other cybercriminal activities. The reported level of concern among these businesses implies that they are likely aware of the potential risks associated with cybercrime and may be actively taking steps to protect their digital assets and customer information. This statistic underscores the importance of cybersecurity measures for wellness businesses in safeguarding their operations and maintaining trust with their clientele.
The most common types of cyberattacks on wellness businesses are phishing (40%), web-based attacks (39%), and general malware (36%).
This statistic indicates the prevalence of different types of cyberattacks faced by wellness businesses, with phishing being the most common at 40%, followed closely by web-based attacks at 39%, and general malware at 36%. Phishing involves fraudulent attempts to obtain sensitive information such as passwords or financial details through deceptive emails or messages. Web-based attacks target vulnerabilities in websites or web applications to compromise data or disrupt services. General malware refers to malicious software designed to cause harm to computer systems or networks. The high percentages for each of these cyberattack types underscore the significant risk that wellness businesses face in terms of safeguarding their digital assets and sensitive information from malicious actors.
58% of wellness industry businesses have no controls to prevent cyber attacks.
The statistic states that 58% of businesses within the wellness industry do not have any measures in place to prevent cyber attacks. This implies that a majority of businesses operating in the wellness sector are vulnerable to potential cyber threats such as hacking, data breaches, or malware attacks. Without adequate controls in place, these businesses may be at risk of having sensitive information compromised, potentially leading to financial losses, reputation damage, and regulatory consequences. It highlights a concerning lack of cybersecurity readiness within the wellness industry, signaling a need for increased awareness and investment in cybersecurity measures to protect both business operations and customer data.
Only around 22% of wellness businesses have a standalone cybersecurity insurance policy.
The statistic indicates that a relatively low percentage, specifically around 22%, of wellness businesses have chosen to invest in a standalone cybersecurity insurance policy. This type of insurance is specifically designed to protect businesses from the financial repercussions of cyber-related incidents such as data breaches, hacking, and other cybersecurity threats. By lacking this dedicated insurance coverage, wellness businesses may be more vulnerable to potential financial losses and legal implications stemming from cyber attacks. This statistic highlights a potential gap in risk management practices within the wellness industry, suggesting that many businesses may not be adequately prepared to handle the increasingly prevalent cybersecurity threats in today’s digital landscape.
Wellness companies spent around $7.9 billion on cybersecurity measures in 2020.
The statistic indicates that wellness companies collectively invested approximately $7.9 billion in cybersecurity measures in the year 2020. This substantial financial commitment reflects the industry’s acknowledgment of the critical importance of protecting sensitive health and personal data against cyber threats. The significant expenditure on cybersecurity suggests that wellness companies recognize the potential risks and vulnerabilities associated with managing vast amounts of sensitive information, such as patient records and personal health data. This robust investment underscores the sector’s dedication to safeguarding data privacy and security, thereby promoting trust and confidence among consumers and stakeholders in the wellness industry.
An average of 62% of wellness industry employees do not receive cybersecurity training.
The statistic suggests that a significant portion of employees within the wellness industry, approximately 62%, lack formal training in cybersecurity practices. This finding could have significant implications for data security within the industry, as employees play a crucial role in safeguarding sensitive information and preventing cyber threats. Without proper training, these employees may be more susceptible to falling victim to cyberattacks, potentially leading to data breaches and compromising the privacy and security of both the organization and its customers. As cybersecurity threats continue to evolve and grow in sophistication, investing in training programs for employees becomes increasingly crucial to ensure the overall security posture of wellness industry organizations.
Nearly 75% of healthcare companies including wellness have encountered a significant security incident in the past 12 months.
The statistic suggests that a large majority, around 75%, of healthcare companies, including those focused on wellness services, have experienced a notable security incident within the last year. This highlights a concerning trend of vulnerability within the industry, emphasizing the urgency for improved cybersecurity measures and risk mitigation strategies to safeguard sensitive data and protect against potential breaches. The high prevalence of security incidents underscores the critical need for organizations in the healthcare sector to prioritize cybersecurity investments and enhance their defenses to reduce the likelihood of future breaches that could compromise patient information and disrupt operations.
71% of wellness businesses are unprepared to handle a cyber attack.
This statistic suggests that a significant majority of wellness businesses lack adequate measures and resources to effectively respond to a cyber attack. As cyber attacks continue to pose a growing threat to businesses across various industries, the fact that 71% of wellness businesses are unprepared indicates a concerning vulnerability within this particular sector. Without robust cybersecurity protocols and strategies in place, these businesses are at risk of experiencing financial losses, reputation damage, and potential disruptions to their operations in the event of a cyber incident. Therefore, it is imperative for wellness businesses to prioritize cybersecurity measures and invest in appropriate resources to enhance their resilience against potential cyber threats.
The number of reported cybersecurity incidents in the wellness sector increased by 70% in 2020 compared to the previous year.
The statistic indicates that there was a significant 70% increase in the number of reported cybersecurity incidents in the wellness sector in 2020 compared to the previous year. This suggests that there has been a notable rise in the frequency of cyber attacks targeting organizations within the wellness sector, such as healthcare providers, fitness centers, and other entities involved in promoting health and well-being. The increase in reported incidents may be attributed to various factors, including the growing reliance on digital systems and technologies within the wellness industry, as well as the escalating sophistication of cyber threats. This highlights the need for heightened cybersecurity measures and vigilance within the wellness sector to protect sensitive data and safeguard against potential breaches.
Only 33% of wellness businesses have a cybersecurity plan.
This statistic indicates that a relatively low percentage, only 33%, of wellness businesses have a defined cybersecurity plan in place. A cybersecurity plan outlines strategies and procedures to protect against cyber threats and ensure the security of data and information within an organization. The finding suggests that a significant number of wellness businesses may be vulnerable to cyber attacks, data breaches, and other cybersecurity risks due to the lack of a formal plan to address these potential threats. Establishing a cybersecurity plan is crucial for safeguarding sensitive information, maintaining business continuity, and building trust with customers in an increasingly digital world where cyber threats are on the rise.
62% of wellness businesses reported that they had experienced a cyber attack in 2020.
The statistic indicates that out of a sample of wellness businesses surveyed, 62% reported experiencing a cyber attack in the year 2020. This suggests that a majority of wellness businesses faced cybersecurity threats or breaches during that time period. The high percentage implies that cyber attacks were a prevalent issue within the industry, highlighting the vulnerability of wellness businesses to digital security threats. This statistic underscores the importance of implementing robust cybersecurity measures and defenses to protect sensitive data and ensure the continuity of operations for wellness businesses in the face of increasing cyber threats.
Ransomware attacks have increased by 97% in the past two years, posing a threat to the wellness industry.
The statistic indicates that incidents of ransomware attacks, where cybercriminals encrypt an organization’s data and demand a ransom for its release, have surged by 97% over the past two years. This substantial increase highlights a growing threat to the wellness industry, including healthcare providers and organizations focused on promoting physical and mental well-being. Ransomware attacks can disrupt critical services, compromise sensitive personal and medical data, and result in financial losses and reputational damage. The healthcare industry’s reliance on data and technology makes it particularly vulnerable to cyber threats, necessitating enhanced cybersecurity measures and preparedness to combat this evolving risk.
Only about 5% of wellness companies’ folders are properly protected, on average.
This statistic suggests that the level of protection for wellness companies’ folders is alarmingly low, with only around 5% of them being adequately safeguarded on average. This indicates that the vast majority of wellness companies are potentially leaving their sensitive and confidential information vulnerable to security breaches, cybersecurity threats, and privacy violations. Such a low percentage of protected folders raises concerns about the potential risks and implications for the companies’ data security and integrity. It highlights the importance and urgency for wellness companies to prioritize and strengthen their data protection measures to mitigate the risks associated with unauthorized access, data leaks, and other security vulnerabilities.
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