Digital Security Facts

Recent findings in the digital world.

Here are some staggering figures that have been collected in regards to digital security. These numbers truly put into perspective how serious protecting client information has become. The consequences for not complying with both state and national regulations immensely outweigh the miniscule premium that a secure email solution will cost a business … And these figures prove just that.

In 2014, 17.6 million people became victims of identity theft in the United States. 86% of those affected were victims of credit card or bank account fraud.

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From 2005 to June 2016, there have been a reported 6,284 data breaches and more than 860 million records compromised.

 

In 2016 alone, there have already been 507 data breaches and more than 12 million records compromised.

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Cyber crime has cost the global economy $575 billion and the U.S. economy $100 billion annually, making the U.S. the hardest hit of any country.

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3. Since June 2013, The U.S. Department of Health & Human Services has received more than $10 million for HIPAA violations.

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Nearly 29.3 million patient health records affected by breach since 2009.

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43% of all companies have experienced a data breach in the past year.

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804 HIPAA breaches haven taken place since 2009 … 7 million records breached alone in 2013.

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38,723,605 patients have been affected by health data breaches.

– According to an analysis from the Health Information Privacy & Security Act

13.1 million identity fraud victims in 2013, which is an increase of 500,000 from the year before.

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The most common types of covered entities that have been required to take corrective action to achieve voluntary compliance are, in order of frequency:

1. Private Practices; 2. General Hospitals; 3. Outpatient Facilities; 4. Health Plans (group health plans and health insurance issuers); and, 5. Pharmacies. – Read the full article.

Non-card fraud victims (website accounts, lines of credit, payment accounts) nearly tripled, accounting for $5 billion in fraud.

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Every 1 in 3 consumers who received notification of a data breach in 2013 became a victim of fraud…

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