Healthcare Industry, Energy Sector Should Prepare for More Cyberattacks, Data Breaches, Group Warns
In 2015 more organizations will deal with more security incidents that will lead to an increase in data breaches, ID Experts predicted in December. “Unfortunately, our predictions were very much on target, as 2015 is already the year of the…
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data breach,” ID Experts President Rick Kam wrote in a post Friday: “As companies pay more attention to data breaches, there will be a positive movement toward exchanging lessons learned and best practices.” Kam predicted the rate of data incidents and breaches -- especially in healthcare -- will rise dramatically during the second half of 2015; cross-industry sharing of threats and best practices will increase; and involvement by boards of directors in data privacy and security will increase. A 2015 Mandiant report said it takes an average of 205 days to detect a malware breach, Kam said. As more organizations hire forensic specialists to look for breaches, more breaches will be found, he said. As chip-and-pin security technology is enabled on credit cards, criminals will increasingly target healthcare fraud and identity theft, he said. The public also will start to see the impact criminal exploitation has on healthcare payers like Medicare, Medicaid and private insurers, he said, and attacks will spread to more industries. Attacks on the energy sector may be next, because “state-sponsored attacks will go wherever there’s valuable data to be found,” Kam said.