Cost of Health Care Data Breaches in 2021

What is happening? For 12 years in a row healthcare data breaches have been the costliest. Since 2020 costs are up 20% and in year over year terms, the average cost is up $1M to $10.1 million.

Why is this important? The 2nd costliest industry for data breaches is finance and its average annual cost is $6 million.

How will this be important? “Across all industries, the average cost of a data breach was $9.4 million in the U.S.”

Healthcare Dive | Healthcare remains costliest industry for data breaches