The Evolving Nature of Healthcare Network Security Threats

For many years, Healthcare records have been extremely valuable to the criminal world. In 2014, it was reported that Healthcare records were 10x more valuable than standard financial data – as the opportunity for identity theft and medical fraud utilizing those stolen records was much higher. Despite a fairly steady drop in the black-market prices of medical records since then, they are still a high-value hacking target, with reported incidents still coming in. The drop in value has precipitated an increase in ransomware, which encrypts target files and asks owners for a sum of money for the encryption key. This has the advantage of not actually having to remove files or figure out how to sell them afterwards.