Security News > 2019 > July > Yearly hidden costs of managing vendor risk? $3.8 million per healthcare provider

The inability to adequately assess and understand the risks that vendors pose is becoming incredibly costly to healthcare providers, according to a new report by Censinet and the Ponemon Institute. According to the research, the yearly hidden costs of managing vendor risk is $3.8 million per healthcare provider, far surpassing the $2.9 million that each data breach costs providers. The cost across the healthcare industry is $23.7 billion per year. The research also indicates that … More → The post Yearly hidden costs of managing vendor risk? $3.8 million per healthcare provider appeared first on Help Net Security.

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