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Ransomware on the rise: Healthcare industry attack trends 2024
- According to the IBM Cost of a Data Breach Report 2024, the global average cost of a data breach reached $4.88 million this year.
- For the healthcare industry, the report offers both good and bad news.
- As noted by data from the Office of the Director of National Intelligence, the number of ransomware attacks almost doubled between 2022 and 2023.
- Compromise through any of these paths provides the opportunity for cyber criminals to download and install ransomware.
- Attackers are looking to encrypt and exfiltrate any data, which makes it harder for healthcare organizations to carry out key tasks or puts them at risk of regulatory compromise.
- Ransomware attacks are trending upward in part because hackers are seeing repeated success.
- Reducing ransomware risks requires a two-part approach that includes protection and detection.
- AI and automated tools can help shorten the time required for organizations to detect and, therefore, mitigate attacks.
- While it’s impossible to fully eliminate the risk of ransomware, businesses can reduce their compromise potential by combining email protection tools with AI detection solutions.
- Ransomware attacks on healthcare organizations continue to rise as cyber criminals recognize the value of operational and patient data in compelling action from affected companies.
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