Shielding Critical Health Data with Proven Cyber Solutions

Implementing Cost-Effective Cybersecurity Measures

While the cost of implementing cybersecurity measures can be significant, the potential financial impact of a data breach is far greater. The average cost of a healthcare data breach was $10.1 million in 2023, according to IBM's Cost of a Data Breach Report³. However, there are ways to manage these costs effectively:

1. Cloud-Based Solutions: Many organizations are turning to cloud-based cybersecurity solutions, which offer scalability and reduced upfront costs.
2. Managed Security Services: Outsourcing cybersecurity to specialized providers can be more cost-effective than maintaining an in-house team.
3. Government Grants and Incentives: Some governments offer financial incentives or grants for organizations that invest in cybersecurity improvements.