Health care data breaches cost health care entities an average $408 per record– the highest of any industry for the eighth straight year, according to IBM and the Ponemon Institute’s 2018 Cost of a Data Breach Report, and three times higher than the cross-industry average of $148 per record. The cost for a health care data breach increased from last year’s reported average of $380 per record. Contributing factors to the high costs include compliance with laws and regulations and abnormally high churn rates due to consumer mistrust.
The Sedona Conference®, a nonprofit research and educational think tank dedicated to the advanced study of law, particularly in information governance, has released its Incident Response Guide , open for public comment through June 19, 2018. Drafted by Working Group on Data Security and Privacy Liability (WG11), the guide is meant to serve as a practical resource for practitioners dealing with the legal, technical, and policy issues related to data-related incidents – from distributed denial-of-service to ransomware attacks.