According to HIPAA Journal In healthcare, 50% of data breaches were due to malicious attacks, 23% were due to system glitches, and 27% were caused by human error. Malicious attacks were most due to cloud misconfigurations and compromised credentials, with each accounting for 19% of breaches. Vulnerabilities in third-party software was cited as the breach cause in 16% of incidents, followed by phishing (14%), physical security compromises (10%), malicious insiders (7%), system errors and other misconfigurations (6%), and business email compromise attacks (5%). Breaches involving compromised credentials were the costliest, followed by breaches due to vulnerabilities in third-party software and cloud misconfigurations.
53% of attacks were financially motivated, 13% were attributed to nation state hacking groups, and 13% were caused by hacktivists. The threat actors behind 21% of the breaches were unknown. Financially motivated attacks were the least expensive, with a global average cost of $4.23 million and the most expensive were attacks by nation state hackers, which cost an average of $4.43 million. The average cost of a malicious attack was $4.27 million. Destructive data breaches involving ransomware cost an average of $4.4 million and destructive malware, including wipers, cost an average of $4.52 million.
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NEW FEATURE RELEASE: Exciting Enhancements to Sapphire AI Insights and Sapphire AI SOC Assistant
We’re excited to announce significant enhancements to Sapphire AI Insights and Sapphire AI SOC Assistant, designed to deliver even greater value and deeper insights to teams. These updates continue...