The worldwide spending on IT security is projected to increase 34 percent, reaching $101 billion by 2018. The healthcare industry averages much lower, with less than six percent of the total IT budget being allocated to security. A Ponemon Institute survey revealed security breaches are averaging at $4 million an incident. The average cost per stolen record in the healthcare industry was $451. This is over twice the average global cost of a stolen record of $376. CISO Unique Kumar, CISO, Max Healthcare throws light on what CSOs in healthcare space ought to do to mitigate risks.”]
Source: https://www.csoonline.com/article/3448963/cybersecurity-in-healthcare-its-just-not-enough.html