The number of data breaches were up more than 33-percent in the third quarter of 2019 according to a RiskBased report – Data Breach Quickview Report 2019 Q3 Trends.* In total there were 5,138 breaches reported in the first nine months of 2019 with healthcare leading the pack with 343 breaches.
It happened: healthcare has officially become the most targeted sector, based on this report, even ahead of retail and financial institutions. This growth could be driven by a combination of things: on the one hand, the user data healthcare companies hold goes beyond names, passwords, and your pet’s last name; it can include patient treatment information, health history and other information that not even our close relatives know about us. On the other hand, security hasn’t been as big of a priority for healthcare companies as it has been for retail or financial corporations, who are well-acquainted with the risks of breaches after years of constantly suffering them. Bad actors are attracted to victims that combine high value and low effort, and this, sadly, can be the reason why they have increased their attacks to healthcare companies. In any case, regardless of the industry, breaches are not a matter of ‘if’ but of ‘when,’ and all industries need to have that notion ingrained in their business logic to prepare pre-emptively. At the same time, users with exposed records – that is, most of us – can easily become victims of identity theft. Companies who need to verify users online need to have security measures in place that don’t rely on such stolen credentials. The adoption of multi-layered authentication solutions is growing across industries. These solutions allow companies to verify users by more than the user’s mere personally identifiable information or passwords. These solutions can include passive biometrics that look at the user’s behavior to establish a higher level of confidence in the user behind the device.