Are Cybersecurity Investments Worth It? The Cost of Data Security For Clinical Healthcare Practices
According to global cybersecurity advisory firm Herjavec Group, the healthcare industry is projected to invest as much as $125 billion into cybersecurity between 2020 and 2025. Experts say the increased cybersecurity spending is in response to the alarming growth of cyber criminals who are taking advantage of an unusual moment in time—a time when healthcare companies are so much more vulnerable to a breach because they are directing a lot of focus on the coronavirus pandemic and increasing their reliance on remote communication and telemedicine technology.