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Healthcare firms’ hack-related losses outpace those of other sectors
Yahoo Finance· 2025-09-18 10:29
Core Insights - The healthcare sector remains a primary target for cyberattacks, with nearly one-third of organizations reporting user account compromises and 37% citing AI-powered cyberattacks as a significant concern [4][5][6] - The value of patient records makes healthcare organizations particularly vulnerable, leading to a notable increase in financial losses from cyberattacks [5][6] Industry Trends - A report by Netwrix indicates that 12% of healthcare organizations experienced losses exceeding $500,000, a significant rise from just 2% in 2024 [5] - The number of healthcare organizations reporting losses over $200,000 has quadrupled compared to the same period in 2024 [6] - Nearly half (48%) of healthcare organizations experienced at least one intrusion between March 2024 and March 2025 [6] Security Challenges - The report highlights challenges such as understaffed security teams and the need for improved defenses against AI-driven threats [3][4] - Netwrix emphasizes the importance of an identity-first approach to cybersecurity, particularly in the context of zero-trust networking [6]