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Average cost of healthcare data breach nearly $10M in 2024: report

Healthcare has been identified as the most expensive industry for data breach response and recovery since 2011, with the average cost this year at $9.8 million. According to IBM and Ponemon Institute’s report, breaches in healthcare far surpass other sectors, including the finance industry that averages at $6.1 million, due to significant disruptions to patient care. Despite leveraging AI to mitigate breaches, the cost across industries has increased by 10% since the pandemic.

Source: www.healthcaredive.com –

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