“Protected Health Information is like gold for today’s cybercriminal. This data can be extremely damaging in the hands of those wanting to commit various types of financial fraud.”
Nearly 90 percent of industries handling health information have experienced a PHI data breach, shows recent research from Verizon Enterprise Solutions. This data and other findings are expected to appear in the company’s PHI Data Breach Report, slated for release next month. The report is expected to include information on how many PHI data breaches occur, why they occur, and how. Furthermore, the report will include insights on health data security in nearly 25 countries in North America, Europe, and the Asia-Pacific region. In a post promoting the report, Verizon shares that personally identifiable information is the most common kind of PHI data theft because it enables financial fraud and identity theft.
“Protected Health Information is like gold for today’s cybercriminal,” said Suzanne Widup, lead author for the Verizon Enterprise Solutions report. “This data can be extremely damaging in the hands of those wanting to commit various types of financial fraud.”
The preview also suggests that PHI data breaches are concerning for various kinds of organizations, not just healthcare facilities. For the full article click here
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