Healthcare Breaches Are More Costly Than Financial Breaches: Here's Why [Forbes]
Zimmer Biomet Holdings, Inc. (ZBH)
Last zimmer biomet holdings, inc. earnings: 2/4 06:00 am
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Source: Forbes
While the Kraken exchange exploit cost them more than $3 million dollars in stolen cryptocurrency, Change Healthcare was exploited for more than $22 million in cryptocurrency, even more than the average cost of a cyber security incident which can cost a healthcare organization more than $10 million dollars. The average cost of a data breach across industries was $4.45 million, yet the average cost of a healthcare data breach was the highest among all industries at $10.93 million in 2023. In today's digital age, data breaches have become a common threat across various industries. While the financial sector is often perceived as the primary target for cybercriminals due to the direct monetary gain involved, recent studies show that breaches in the healthcare sector are significantly more costly. The reasons for this disparity are rooted in the unique nature of healthcare data, the complexities of the industry, and the profound impact on affected individuals. PROMOTED 1. The Value
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ZBH
Earnings
- 5/2/24 - Beat
ZBH
Sec Filings
- 7/1/24 - Form 8-K
- 6/20/24 - Form 3
- 6/20/24 - Form 8-K
- ZBH's page on the SEC website