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Healthcare is the most costly industry when a breach occurs. According to Ponemon Institute’s Cost of a Data Breach Report 2020, the healthcare industry has a staggering average cost of $7.13M per data breach globally. Compared to the average cost of a data breach, Healthcare is significantly more costly than the global average of $3.86M, while being less than the U.S. average cost of $8.64M per data breach.
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