Study: Cyberattacks Increased By 136% In One Year

May 21, 2024
A new study reveals the healthcare sector is more at risk for cyberattacks.

A study conducted by proxy service provider SOAX’s data specialists concluded that the healthcare sector is most at risk for a cyberattack. For the study, the UK-based data collection solution company SOAX examined data violation incident figures from the Identity Theft Resource Center by industry from 2020 through 2023.

The study found that the top two industries at risk are healthcare and financial services. In 2023, the healthcare sector had 809 data violation cases, up from 343 cases in 2022. Data revealed that 56 million victims were affected in the healthcare sector.

Stepan Solovev, CEO of SOAX, said in a statement: "The study has identified a concerningly sharp rise in cyber incidents across all US industries in 2023, which is particularly alarming, especially within the healthcare and financial services industries. These sectors store vast amounts of sensitive information, making them lucrative targets for cybercriminals.”

 “The increase in attacks demonstrates that cybercriminals pose an increasing threat. Industries must adapt and evolve with these technological advancements to ensure they are protected from cyberattacks,” Solovev added.

Sponsored Recommendations

Clinical Evaluation: An AI Assistant for Primary Care

The AAFP's clinical evaluation offers a detailed analysis of how an innovative AI solution can help relieve physicians' administrative burden and aid them in improving health ...

From Chaos to Clarity: How AI Is Making Sense of Clinical Documentation

From Chaos to Clarity dives deep into how AI Is making sense of disorganized patient data and turning it into evidence-based diagnosis suggestions that physicians can trust, leading...

Bridging the Health Plan/Provider Gap: Data-Driven Collaboration for a Value-Based Future

Download the findings report to understand the current perspective of provider and health plan leaders’ shift to value-based care—with a focus on the gaps holding them back and...

Exploring the future of healthcare with Advanced Practice Providers

Discover how Advanced Practice Providers are transforming healthcare: boosting efficiency, cutting wait times and enhancing patient care through strategic integration and digital...