October 15-16, 2018 | Boston, 2018 x2, MA

Still underinvesting in cybersecurity? It'll cost you $408 per patient record

A breach in financial services, the second most expensive sector, costs only half of what hospitals wind up spending.

Healthcare data breaches cost the sector about $408 per patient record, three times more than any other industry, according to the new Ponemon Cost of a Data Breach Report.

Breaches have cost healthcare sector more than others for the last eight years, according to the report. In fact, the financial sector landed at number two, but its breaches cost $206 per consumer -- half of what it costs the healthcare industry.

Not only that, but the amount is up from $308 per patient record from last year.

Read more on Healthcare IT News

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