In the first half of 2024, the share of health-related U.S. data breaches caused by hacking was 78 percent, which marked a two percent increase from 2023, reaching its highest rate since 2014.
In 2022, most healthcare data breaches in the United States happened as a result of hacking or IT-related incidents. The number of such cases was 555 in the examined year. The next-most common cause for data breaches was unauthorized access or disclosure, detected in 113 cases. Loss and theft of data were less common causes of data breaches in the U.S. healthcare system in 2022. Overall, in 2022, there were 707 data breaches of over 500 records in the U.S. healthcare industry.
Between January and September 2024, healthcare organizations in the United States saw 491 large-scale data breaches, resulting in the loss of over 500 records. This figure has increased significantly in the last decade. To date, the highest number of large-scale data breaches in the U.S. healthcare sector was recorded in 2023, with a reported 745 cases.
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Objective: The rapid adoption of health information technology (IT) coupled with growing reports of ransomware, and hacking has made cybersecurity a priority in health care. This study leverages federal data in order to better understand current cybersecurity threats in the context of health IT.
Materials and Methods: Retrospective observational study of all available reported data breaches in the United States from 2013 to 2017, downloaded from a publicly available federal regulatory database.
Results: There were 1512 data breaches affecting 154 415 257 patient records from a heterogeneous distribution of covered entities (P < .001). There were 128 electronic medical record-related breaches of 4 867 920 patient records, while 363 hacking incidents affected 130 702 378 records.
Discussion and Conclusion: Despite making up less than 25% of all breaches, hacking was responsible for nearly 85% of all affected patient records. As medicine becomes increasingly interconnected and informatics-driven, significant improvements to cybersecurity must be made so our health IT infrastructure is simultaneously effective, safe, and secure.
In the first half of 2024, 284 data breach incidents in the healthcare sector in the United States were caused by hacking and other IT incidents. A further 64 incidents of breaches originated from unauthorized access, while three percent were caused by theft.
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The global healthcare cybersecurity market size is estimated to reach $12.6 billion by 2030, growing at CAGR of 14% during the forecast period.
According to the data, the number of hacking/IT incidents on healthcare data has significantly increased significantly from 2014 to 2020, amounting to almost 600 data breaches in total in 2020.
In 2023, the number of data compromises in the United States stood at 3,205 cases. Meanwhile, over 353 million individuals were affected in the same year by data compromises, including data breaches, leakage, and exposure. While these are three different events, they have one thing in common. As a result of all three incidents, the sensitive data is accessed by an unauthorized threat actor. Industries most vulnerable to data breaches Some industry sectors usually see more significant cases of private data violations than others. This is determined by the type and volume of the personal information organizations of these sectors store. In 2022, healthcare, financial services, and manufacturing were the three industry sectors that recorded most data breaches. The number of healthcare data breaches in the United States has gradually increased within the past few years. In the financial sector, data compromises increased almost twice between 2020 and 2022, while manufacturing saw an increase of more than three times in data compromise incidents. Largest data exposures worldwide In 2020, an adult streaming website, CAM4, experienced a leakage of nearly 11 billion records. This, by far, is the most extensive reported data leakage. This case, though, is unique because cyber security researchers found the vulnerability before the cyber criminals. The second-largest data breach is the Yahoo data breach, dating back to 2013. The company first reported about one billion exposed records, then later, in 2017, came up with an updated number of leaked records, which was three billion. In March 2018, the third biggest data breach happened, involving India’s national identification database Aadhaar. As a result of this incident, over 1.1 billion records were exposed.
View Data Breach Notification Reports, which include how many breaches are reported each year and the number of affected residents.
The number of individuals affected by healthcare data breaches in the United States has risen in recent years, largely due to the increase in hacking and IT incidents which affected over 24 million individuals in 2020. The actual number of healthcare breaches has also been rising with 403 healthcare data breaches caused by hacking and IT incidents in the United States in 2020.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 15.25(USD Billion) |
MARKET SIZE 2024 | 16.02(USD Billion) |
MARKET SIZE 2032 | 23.82(USD Billion) |
SEGMENTS COVERED | Type of Cybersecurity Threat ,Target of Attack ,Scale of Attack ,Cost of Breach ,Security Technology ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Increasing cyberattacks Growing adoption of cloudbased healthcare services Strict regulations and government initiatives Rising healthcare data breaches Advancements in AI and ML |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Check Point Software Technologies ,Palo Alto Networks ,Trend Micro ,Fortinet ,Symantec ,Rapid7 ,IBM ,Zscaler ,RSA ,Proofpoint ,Sophos ,McAfee ,Cisco Systems ,Forcepoint ,Microsoft |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | 1 CloudBased Security Solutions 2 Artificial Intelligence and Machine Learning 3 Data Analytics and Security Orchestration 4 Biometrics and Identity Management 5 Blockchain for Secure Data Sharing |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.09% (2024 - 2032) |
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[227+ Pages Report] Global Cyber Security Market size & share projected to hit a record value of USD 398.3 Billion by 2026 at an anticipated CAGR growth rate of 14.9% during the forecast period 2021-2026. Increasing use of technological measures in the sectors of retails, BSFI, information and technology, and manufacturing will boost the footprint of global cyber security market to a larger footprint.
Medical Document Management Systems Market Size 2024-2028
The medical document management systems market size is forecast to increase by USD 480.32 million at a CAGR of 12.33% between 2023 and 2028.
The healthcare industry's reliance on electronic health records (EHRs) and healthcare IT systems has led to significant growth In the adoption of Medical Document Management Systems (MDMS). MDMS enable efficient and secure management of medical documents, ensuring data security and compliance with healthcare regulations. Market trends include the increasing focus on detailed and customized reporting, which enhances clinical decision-making and patient care. However, the adoption of open-source MDMS poses a threat due to potential security vulnerabilities. Healthcare cybersecurity remains a major concern, with hacking and data breaches being a significant challenge. Artificial intelligence (AI) integration in MDMS is also gaining traction, offering benefits such as automated document classification and improved data analysis.
In summary, the MDMS market is driven by the need for increased efficiency, productivity, and data security in healthcare, while facing challenges such as cybersecurity threats and the adoption of open-source solutions.
What will be the Size of the Medical Document Management Systems Market During the Forecast Period?
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The market encompasses software solutions designed to streamline the handling and storage of patient data in healthcare organizations. This market exhibits growth due to increasing healthcare IT adoption, regulatory compliance requirements, and the need for clinical efficiency and improved patient care. Electronic document management systems enable medical facilities to reduce costs associated with paper-based record-keeping and enhance data security, mitigating risks from potential data breaches.
The European Commission's emphasis on digital health initiatives further bolsters market expansion. Skilled professionals in this domain manage vast volumes of sensitive patient data, ensuring data privacy and security. Google Health, Meditech, and other prominent players offer innovative solutions to cater to the evolving needs of healthcare providers. The market's future direction lies in seamless integration with other healthcare IT systems, advanced analytics, and mobile accessibility.
How is this Medical Document Management Systems Industry segmented and which is the largest segment?
The medical document management systems industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Deployment
On-premises
Cloud
End-user
Hospitals and clinics
Nursing and home healthcare
Others
Geography
North America
Canada
US
Europe
Germany
UK
APAC
Japan
Middle East and Africa
South America
By Deployment Insights
The on-premises segment is estimated to witness significant growth during the forecast period.
The Medical Document Management Systems (MDMS) market is witnessing growth due to the increasing adoption of healthcare IT solutions and the need for medical records retention. The European Commission's regulations on data security breaches have driven the need for secure document management systems in healthcare organizations. MDMS solutions enable clinical efficiency, improved patient care, and operational cost savings through electronic document management. On-premise MDMS systems are preferred by small and medium-sized healthcare organizations due to customization and control over internal infrastructure. These systems are installed and maintained by in-house IT professionals, providing security and reducing reliance on external support.
However, on-premise systems require significant upfront installation costs and ongoing maintenance expenses. Cloud-based MDMS solutions offer benefits such as mobile access, interoperability, and scalability. They are increasingly being adopted by healthcare organizations for their ability to handle large volumes of patient data and reduce operational costs. Cloud-based solutions offer additional features such as two-factor authentication, encrypted data handling, and automatic updates. The global MDMS market includes solutions for chronic diseases, patient epidemiology, and clinical information management. Key applications include lab tests, X-rays, emergency room records, and admitting information. Support services such as training, implementation, and maintenance are essential for the successful implementation of MDMS systems.
MDMS systems are used in various healthcare settings, including hospitals/clinics, nursing homes, insurance providers, and other healthcare organizations. The market is exp
As of 2024, the average cost of a data breach in the United States amounted to 9.36 million U.S. dollars, down from 9.48 million U.S. dollars in the previous year. The global average cost per data breach was 4.88 million U.S. dollars in 2024. Cost of a data breach in different countries worldwide Data breaches impose a big threat for organizations globally. The monetary damage caused by data breaches has increased in many markets in the past decade. In 2023, Canada followed the U.S. by data breach costs, with an average of 5.13 million U.S. dollars. Since 2019, the average monetary damage caused by loss of sensitive information in Canada has increased notably. In the United Kingdom, the average cost of a data breach in 2024 amounted to around 4.53 million U.S. dollars, while in Germany it stood at 5.31 million U.S. dollars. The cost of data breach by industry and segment Data breach costs vary depending on the industry and segment. For the fourth consecutive year, the global healthcare sector registered the highest costs of data breach, which in 2024 amounted to about nine million U.S. dollars. Financial institutions ranked second, with an average cost of six million U.S. dollars for a data breach. Detection and escalation was the costliest segment in data breaches worldwide, with 1.63 U.S. dollars on average. The cost for lost business ranked second, while response following a breach came across as the third-costliest segment.
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This dataset is about books and is filtered where the book is Born with a junk food deficiency : how flaks, quacks, and hacks pimp the public health, featuring 7 columns including author, BNB id, book, book publisher, and ISBN. The preview is ordered by publication date (descending).
Internet Security Market Size 2024-2028
The internet security market size is forecast to increase by USD 18.63 billion at a CAGR of 8.53% between 2023 and 2028. The market is witnessing significant growth due to the increasing number of cyber threats targeting large enterprises. With the rise of digital technologies, there is a growing need for advanced network security solutions to protect against hacking, phishing, and other malicious activities. The adoption of BYOD (Bring Your Own Device) policies, remote work, and digital transactions has created new security gaps, making it essential for organizations to invest in specialized expertise and data protection systems. Managed Security Service providers (MSSPs) are gaining popularity as they offer cost-effective threat protection and digital privacy systems. The healthcare sector, in particular, is under immense pressure to secure customer healthcare records from breaches. As digital technologies continue to evolve, it is crucial for businesses to stay updated and implement strong security measures to safeguard their assets.
What will be the Size of the Market During the Forecast Period?
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The Market is a dynamic and evolving industry that focuses on protecting digital technologies, e-commerce platforms, and critical infrastructure from cyberattacks. The market encompasses various solutions such as network security, machine learning, artificial intelligence, and advanced security solutions. Digital transactions and remote work have increased the risk of digital attacks, including data breaches, phishing, malware, and hacking. Enterprise security solutions are in high demand, particularly in sectors like healthcare, where sensitive data is a priority. Cloud technologies and virtual private network have revolutionized the way businesses operate, leading to an increased focus on cloud security. The Internet of Things (IoT) has introduced new vulnerabilities, managed security service necessitating advanced security solutions.
Further, data protection is a major concern, with machine learning and artificial intelligence being used to detect and prevent cyberattacks. Certified Ethical Hacking and other cybersecurity certifications are essential for professionals in the field. Antivirus, antimalware, intrusion detection, and security information are fundamental security solutions that continue to be relevant. In conclusion, the Market is a vital industry that addresses the ever-evolving threat landscape of digital technologies such as wireless router. It offers a range of solutions to protect against digital attacks, including network security solutions, machine learning, artificial intelligence, and advanced security solutions. The market is expected to grow as businesses and individuals continue to rely on digital technologies for transactions, communication, and data storage.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Solution
Products
Services
Geography
North America
US
APAC
China
Japan
Europe
Germany
UK
South America
Middle East and Africa
By Solution Insights
The products segment is estimated to witness significant growth during the forecast period. In the market, large enterprises are investing heavily in advanced network security solutions to mitigate cyber threats and protect digital privacy systems. The demand for security services is on the rise, particularly in sectors with significant customer healthcare records and digital transactions, such as healthcare and finance.
The adoption of digital technologies for remote work and digital transactions has exposed new security gaps, leading to an increased need for specialized expertise in threat protection. hardware security components, including firewalls and intrusion detection and prevention systems, are seeing increased sales due to their ability to secure network infrastructures. Security software, which automates and enhances network monitoring, is also gaining popularity, especially in the automotive and healthcare sectors, where easy integration with IoT applications is crucial.
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The products segment accounted for USD 19.37 billion in 2018 and showed a gradual increase during the forecast period.
Regional Insights
APAC is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in the US is witn
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Seasonally detrended Secchi disk depths at Port Hacking (no significant trend; P = 0.44), 2009–14 Source: Australian Ocean Data Network, see https://portal.aodn.org.au/
Data used by the Department of Environment and Energy to produce graph (d) of Figure MAR31 in the Marine theme of the 2016 State of the Environment Report, available at
Data for parts a), b), c) and d) all on data.gov.au
During the third quarter of 2024, data breaches exposed more than 422 million records worldwide. Since the first quarter of 2020, the highest number of data records were exposed in the first quarter of 202, more than 818 million data sets. Data breaches remain among the biggest concerns of company leaders worldwide. The most common causes of sensitive information loss were operating system vulnerabilities on endpoint devices. Which industries see the most data breaches? Meanwhile, certain conditions make some industry sectors more prone to data breaches than others. According to the latest observations, the public administration experienced the highest number of data breaches between 2021 and 2022. The industry saw 495 reported data breach incidents with confirmed data loss. The second were financial institutions, with 421 data breach cases, followed by healthcare providers. Data breach cost Data breach incidents have various consequences, the most common impact being financial losses and business disruptions. As of 2023, the average data breach cost across businesses worldwide was 4.45 million U.S. dollars. Meanwhile, a leaked data record cost about 165 U.S. dollars. The United States saw the highest average breach cost globally, at 9.48 million U.S. dollars.
Tricks to not get sick: Food safety for kids (described video)
In 2023, manufacturing saw the highest share of cyberattacks among the leading industries worldwide. During the examined year, manufacturing companies encountered nearly a quarter of the total cyberattacks. Finance and insurance organizations followed, with around 18 percent. Professional, business, and consumer services ranked third, with 15.4 percent of reported cyberattacks.
Healthcare industry and cyberattacks
The healthcare industry is considered one of the most vulnerable sectors to cybercrime. Between October 2021 and September 2022, healthcare organizations worldwide saw various cyberattacks, mostly network and application, as well as malware. Additionally, this sector had the highest average data breach cost throughout recent years, amounting to nearly 11 million U.S. dollars.
IT perspective and prevention
With recent technology developments, cybersecurity is crucial to an organization’s success. Realizing this, companies have been gradually increasing cybersecurity investments. Thus, in 2024, the cybersecurity budget worldwide was forecast to increase to nearly 283 billion U.S. dollars. Roughly nine in ten board directors of companies worldwide in professional services and media and entertainment industries say they expect an increase in the cybersecurity budget.
In the first half of 2024, the share of health-related U.S. data breaches caused by hacking was 78 percent, which marked a two percent increase from 2023, reaching its highest rate since 2014.