Breaches like Molina Healthcare’s show why you can’t skimp on security

Molina Healthcare, a Medicaid and Affordable Care Act insurer, had to shut down its patient portal due to a security flaw that allowed access to patient medical claims data without authentication. The breach went unreported and undetected for some time. The healthcare industry experienced 328 reported data breaches in 2016, with hacking and IT incidents being the leading cause. The average cost per leaked record for healthcare firms in 2016 was $402. Security should be a top priority for healthcare organizations.