OPERATIONAL EXCELLENCE


Controlling Cybersecurity Risks $7.13 million


That’s the cost of the average data breach in the health care industry, according to the IBM Security Cost of a Data Breach 2020 Report. Health care has topped the list among industries in the report for 10 years, and the cost goes up every year: 10.9 percent increase over 2019 alone.


How Do Malicious Attackers Get In?


IBM Security's Cost of a Data Breach Report 2020 named some top routes for malicious attacks:


1. 19% Compromised credentials


16% Vulnerability in third-party software


14% Phishing


5% Business email compromise Causes of health care data breaches*


27% Human error


23% System glitch


*IBM Security Cost of a Data Breach Report 2020


2. 3. 4. 5. 6. 7.


8.


The Most Popular Passwords in Leaks, 2018-2019


2019


123456* qwerty


password iloveyou 111111


123123 abc123


qwerty123


change from previous year


0


+3 -1


+2 -2


+6 +4


+12 2018 123456*


password 111111


sunshine qwerty iloveyou princess admin


change from previous year


0 0


new +44 -2 0


new -1


* or variation / Source: Statista, SplashData


Average Time to Identify and Contain a Data Breach


50% Malicious attack


Healthcare Global average Financial Days 0


236 207 177 50 100 150 Time to identify 56 200 73


233 250


Time to contain


Visit ibm.com/security/digital-assets/cost-data-breach-report for more information and an interactive calculator for costs by industry and region


SEPTEMBER/OCTOBER 2020 ARGENTUM.ORG 39 93 280 300 350 329


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