Healthcare data breaches will cost industry $4 billion by year’s end, and 2020 is poised to be worse

Data breaches in the healthcare industry are projected to cost $4 billion by the end of 2019, and the number of attacks is expected to increase in 2020. Healthcare providers are struggling to stay ahead of data attackers, with 96% of IT professionals agreeing that attackers are outpacing medical enterprises. Budget constraints hinder the replacement of legacy software and devices, making healthcare organizations more susceptible to attacks. The lack of dedicated security executives in hospitals and physician groups further exacerbates the issue.