Recent data breaches have put thousands of medical records, health insurance information, driver’s license numbers, financial accounts, and Social Security numbers at risk of identity theft, false medical care claims, and credit card fraud. In just one case that was reported in February, up to one million records of protected health information (PHI) were exposed in a wave of zero-day attacks targeting Fortra’s MFT platform. These cyberattacks have not only exposed sensitive patient information, they are also costing organizations millions of dollars to settle class-action lawsuits. One settlement reached a staggering $3.5M for a ransomware attack.

Now more than ever, healthcare organizations, insurance providers, and pharmacies must take action and make cloud security a priority. Without the proper security process and procedures in place, a data breach is bound to happen. Healthcare records in particular are valuable to cyber-attackers as they can be used to commit a multitude of crimes. In order to help prevent a data breach, your organization should only utilize cloud services that meet stringent data protection requirements and regulatory compliance standards.

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SOURCE etherFAX