While data breaches are increasingly impacting the healthcare sector, cybercriminals are even more motivated to steal login information to impersonate patients. This trend has caused incidents of credential stuffing to skyrocket! Read the article for insight on this problem and how the Know Your Patient strategy has helped in protecting patient identities in this new era of tele-consultations and virtual appointments in place of in person doctor visits.
healthcare is the most breached industry, experiencing a 50% increase in breaches from June 2017 to May 2019. These breaches are costly, coming in at an average of $6.45 million each year. Why so costly compared to the global average of $3.92 million? Well, it’s the importance of the data. A medical record often contains more PII data such as the patient’s age, their address and more personal details like their medical history. Cybercriminals are now more empowered than ever to easily impersonate legitimate patients by simply reusing the login credentials (acquired on the dark web or through social engineering tactics). And we, as consumers, have made their jobs easier by using the same password for multiple accounts. This has led to a rise in credential stuffing