One-third of hospital executives purchase cybersecurity solutions blindly: report

Posted on: Monday, November 4, 2019 By: KorchekStaff

Around one-third of hospital executives have purchased cybersecurity tools blindly after experiencing a data breach, according to a Black Book Market Research report published Nov. 4.

For the report, Black Book surveyed 2,876 security professionals from 733 provider organizations to identify gaps, vulnerabilities and deficiencies that cause cyberattacks.

Here are five things to know:

1. Nearly all (96 percent) indicated that data attackers are outpacing their medical enterprising, putting providers at a disadvantage in responding to vulnerabilities.

2. More than 93 percent of the healthcare organizations surveyed have experienced a data breach since the third quarter of 2016, and 57 percent have had more than five data breaches during the same time period.

3. In 2019, around 21 percent of hospitals surveyed had a dedicated security executive. Only 6 percent of these officials identified as a chief information security officer.

4. The estimated average cost of a data breach in 2019 was$423 per medical record.

5. For 2020, hospitals expect their cybersecurity spending to be around 6 percent of the total IT spend. Around 90 percent of hospitals surveyed have kept their IT security budgets the same since 2016.

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