Security News > 2021 > March > Data breaches and network outages: A real and growing cost for the healthcare industry

Data breaches and network outages are a real and growing cost for the industry: 43% of respondents estimated the costs of data breaches would exceed $2 million and 34% said the same for network outages.

The healthcare industry is a target: 52% of respondents suffered a data breach in the past year.

Cloud networks remain vulnerable: 53% of respondents experienced data breaches in cloud networks, the biggest attack vector from the past year.

The impact of network outages and data breaches on the healthcare industry.

The survey also found that financial losses from network outages tend to be only marginally lower than those from data breaches, demonstrating that losses from normal business interruptions can be as damaging as those from hacks.

"Fortunately, the industry recognizes the need-and value-of prevention when it comes to protecting this critical data and understands that DNS is one of the most cost-effective ways to secure their networks from a variety of malicious threats before they infiltrate the network," James continued.

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