Data breaches and ransomware attacks are increasingly driving US companies into bankruptcy and out of business. Such incidents cost firms worldwide an average of $4.9m, rising to nearly double in the US. Cyberattacks have more than doubled since the start of the pandemic, according to the International Monetary Fund. Meanwhile, US alcohol distributor Stoli Group and background check provider National Public Data have both gone bankrupt, partly due to such attacks.
Healthcare Cybersecurity: The Chronic Condition We Can’t Ignore
Cyber breaches in healthcare are compared to chronic diseases, needing continuous management and creating long-term complications. These include financial drains from lawsuits and security rehashes,
