5 top reasons that make patient data records at a high risk of a cyberattack The $3 trillion US healthcare industry is at a huge risk. It’s an industry that hasn’t thought about cybersecurity seriously, mostly because they use old systems with timeworn security mechanisms. Forget your credit card records, the hackers are after your medical records. The medical records are 10 times more valuable than the stolen financial information. FBI issued warnings to healthcare service providers after Chinese cybercriminals hacked into the computer network of Community Health Systems Inc. As a result, 4.5 million patients lost their personal information. The hospitals’ network is vulnerable and it’s easy for hackers to lay their hands on personal data to perform a medical fraud.
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The HIPAA Journal reported 33 data breaches in June 2018. It put 356,000 patients’ healthcare records at stake. Majority of the attacks were owing to IT infrastructure failure, unauthorized access and hacking. With the patient record, the hackers get information related to names, date of birth, insurance policy numbers, diagnosis codes and billing information. Hoaxers use this information to create fake ids so that they can buy medical equipment and medicines that can be resold. The other fraud cases that have come into light are hackers trying to claim made-up claims with insurers as they combine patient numbers and bogus provider number. Unfortunately, victims with stolen information are not able to