A study by Accenture revealed that 26% of US consumers have had their personal medical information stolen from healthcare information systems. Half of those affected were victims of medical identity theft, with average out-of-pocket costs of $2,500 per incident. The breaches were most likely to occur in hospitals, followed by urgent-care clinics and pharmacies. Despite the breaches, consumers still trust healthcare providers and payers more than health technology companies or the government to keep their healthcare data secure.
Exploring Cyber Insurance and its Intersection with Property Coverage | Woodruff Sawyer
Traditional cyber insurance policies do not cover physical damage or bodily injury resulting from a cyberattack. It covers electronic data loss, privacy violation, and first-party
