Healthcare orgs complacent as hackers get more sophisticated

Hackers seeking access to healthcare records are getting more aggressive and sophisticated, but most healthcare organizations are not increasing their IT security budgets to meet the threat, according to the results of the sixth-annual Benchmark Studyon Privacy & Security of Healthcare Data.

Fifty-two percent of the healthcare organizations and 50 percent of healthcare business associates surveyed by Traverse City, Michigan-based Ponemon Institute said they had not increased their cybersecurity budgets in the last year. In fact, 10 percent of healthcare organizations and 11 percent of business associates decreased their security budgets.

“The healthcare industry is under attack,” said Larry Ponemon, chairman and founder of the research think tank focusing on privacy and data protection. “But it really hasn’t moved the needle all that much.”

While they’re not investing more in security, 57 percent of healthcare organizations and 52 percent of business associates report having insurance policies that will cover at least $5 million worth breach-related costs. For the full article click here 

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