Hospitals are vulnerable to cyberattacks
The recent ransomware attack on the Hollywood Presbyterian Medical Center in Los Angeles has spooked the healthcare community. Hackers installed *ransomware in the hospital computer system and held patient records hostage while demanding payment. The hospital eventually paid $17,000 to have their files unlocked.
Electronic medical records are a treasure trove of data and fetch a price 20 times more than that a stolen credit card numbers. The cost for the U.S. healthcare industry is $6 billion dollars annually, with the average data breach costing a hospital $2.1 million.