The average breach costs in healthcare surpassed $10 million, with the industry maintaining its the top rank for costliest industry breaches for the 12th consecutive year, according to IBM X-Force’s latest Cost of a Data Breach Report.
The average total cost of a breach in healthcare increased 9.4% from $9.2 million in the 2021 report to $10.1 million in 2022.
The study also found healthcare organizations have a higher breach cycle than any…