Data breaches have lasting financial effects on hospitals, report suggests

Becker's Hospital Review

Hannah Mitchell

Data breaches can have long-term financial consequences on healthcare organizations, a Frost Radar report finds.

In the “U.S. Healthcare Cybersecurity Market 2020” report, researchers said that the cybersecurity market is poised for aggressive growth after the COVID-19 pandemic as data breaches surge. Their findings suggest that poor cybersecurity can be bad for business as well.

Five things to know:

More than 90 percent of all healthcare organizations reported at least one security...

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