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Cl0p is by far the most prolific threat actor in this category due to the mass exploitation of vulnerabilities in third-party file transfer solutions. In 2023, 75% of third-party breaches involved technology products; however, in 2024, threat actors diversified, with only 46.75% of breaches involving technology products.
March was a particularly bad month for healthcare data breaches with 93 branches of 500 or more records reported to the Department of Health and Human Services (HHS) Office for Civil Rights (OCR), a 50% increase from February and a 41% year-over-year increase from March 2023.
HIPAA violation cases are compliance investigations that result from a data breach being notified to the Department of Health and Human Services’ (HHS) Office for Civil Rights (OCR) or a privacy complaint being submitted to OCR via the complaints portal. There are many different types of HIPAA violation cases.
Source Verizon 2024 DBIR Ransomware groups were behind many of the attacks targeting unpatched vulnerabilities, with the Clop ransomware group’s mass exploitation of a zero day vulnerability in Progress Software’s MoveIT Transfer solution a significant factor in the large increase in exploit-related breaches.
Ransomware attacks were amongst the most expensive cyberattacks, with average losses of $353,000 per incident, up from average losses of $239,000 in H2, 2023 but down from an average loss of $402,000 in H1, 2023. Other incidents accounted for 23% of claims, down 10% from H2, 2023.
Key Takeaways A need to control substance usage and reduce medication errors is driving the e-prescribing market growth during the 2023-2030 timeframe. percent during the 2023-2030 timeframe. HIPAA regulations safeguard ePHI on physical, technical, and administrative levels. It also hampers the trust that users put in software.
Key Statistics: As per the 2023 survey published by the CDC , the number of people younger than age 65 uninsured was 24.7 percent of the adults between the age group 18–64 were uninsured, as per the 2023 survey. percent of children younger than age 18 were uninsured, as per the 2023 survey. CDC reveals that 10.9
Incorporate privacy measures such as HIPAA compliance to safeguard healthcare data against potential cyber-attacks. As per the HIPAA Journal, healthcare data breach statistics clearly show that there has been an upward trend in data breaches over the past 14 years.
Key Takeaways: At the beginning of 2023, young US adults between the ages of 18 to 34 years reported higher usage and appreciation of meditation applications, while 37 percent of the adults didn’t use these apps. billion in 2023 and is estimated to surge at a CAGR of 15.2 So, let’s jump to the article right away.
According to EverHealth , one of the most important considerations is the software “must comply with healthcare regulations and standards, such as HIPAA (Health Insurance Portability and Accountability Act) in the United States, to ensure patient data is protected and privacy is maintained.” This saves time and effort.
The authoring agencies have observed affiliates using phishing to obtain credentials to access victims networks, as well as exploiting unpatched software vulnerabilities, including last years ScreenConnect vulnerability CVE-2024-1709 and the Fortinet EMS SQL injection vulnerability CVE-2023-48788.
It has been several years since new HIPAA regulations have been signed into law, but HIPAA changes in 2022 are expected. The last update to the HIPAA Rules was the HIPAA Omnibus Rule in 2013, which introduced new requirements mandated by the Health Information Technology for Economic and Clinical Health (HITECH) Act.
BakerHostetler has identified an increase in fraudulent wire transfers, suggesting threat actors are responding to the falling profitability of ransomware attacks by making money in other ways. Fraudulent transfers increased by 302% year over year, with an average transfer of $1,256,797 and a median transfer of $130,000.While
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