Healthcare Data Presents Lucrative Target for Cyberattackers

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– The healthcare sector will remain one of the most targeted industries by cyberattackers because of its valuable healthcare data, judged a report published Sept. 6 by Marsh & McLennan Companies’ Global Risk Center.

In fact, more than one-quarter of healthcare organizations reported they had been victims of a cyberattack. This is more than financial institutions (20 percent) and nearly twice the rate in the communications, media and technology sector (14 percent).

The report’s data is taken from a survey of 1,312 senior executives conducted by Marsh in partnership with Microsoft.

Most healthcare organizations see the financial impact of a cyberattack on their industry to be significant, with 70 percent estimating the financial cost per attack as $1 million or more. Business interruption and leak of patient data are the most critical loss scenarios for healthcare cyberattacks.

Half of the respondents from the healthcare industry said they are not confident about managing and recovering from a successful cyberattack.

Almost two-thirds of healthcare organizations have not…

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