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Healthcare data breach costs reach record high at $10M per attack: IBM report

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Healthcare data breach costs reach record high at $10M per attack: IBM report

AI and automation usage on the rise

In this Fierce Healthcare article you'll learn about:
  • The average healthcare data breach costs $10.1 million on average, according to IBM's annual Cost of a Data Breach report.

  • 60% of organizations said they had to raise prices to cover the cost of a breach. Companies with security AI and automation cut the average cost of a data breach by 65.2%, according to a PricewaterhouseCoopers study.

  • The use of artificial intelligence and automation will increase from 59% in 2020 to 70% in 2022, the study found.

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