Why Are Healthcare Data Breaches So Expensive?

Healthcare data breaches cost an average of $11 million in 2023, significantly more than the global average of $4.45 million across other sectors. This cost is driven by the complexity and volume of health data, strict regulatory requirements, and the sector’s status as critical infrastructure. Healthcare organizations can reduce breach costs through interdepartmental collaboration, prevention and detection measures, incident response planning, employee training, leveraging AI, and maintaining compliance with regulations.