Just in the last month, Phoenix-based Banner Health reported it had data on 3.7 million people potentially exposed by hackers and another 3.3 million records were compromised at Newkirk Products, a company that issues ID cards for several Blue Cross and Blue Shield carriers, according to an article on the Med City News.
A research firm said it expects hospital spending on cybersecurity in the U.S. to grow by 13.6 percent annually for the next five years.
Niam Yaraghi, a fellow in the Brookings Institute’s Center for Technology Innovation, suggested that healthcare might want to take some cues from the financial industry.
“Unlike healthcare organizations, the banking sector has mastered the art of mitigating the consequences of privacy breaches,” he wrote.
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