Over the last three years, 93% of healthcare businesses had a data breach. Healthcare cyberattacks range from malware that threatens patient privacy to DDoS attacks that harm institutions' ability to deliver patient care.

The acronyms PII and PHI hide critical types of information when it comes to data privacy. Especially in the field of health care.

It all started with spy movies: fingerprint capture, retina scanning, and facial recognition. It seemed like a fantasy that was only possible on the screen. However, today, all this is called the simple word biometrics and is actively used in the field of security.

Cyber threats are lurking around every corner. Did that scare you? Frightening, isn't it? In reality, security has always been a pressing issue, but today it has taken on even greater significance.

In light of the growth of cyber risks and threats, the issue of security is the cornerstone of initiatives to protect organizations. According to an IBM report, the average cost of a data breach in 2023 was $4.45 million.

Protecting customer data is critically important as it is the main asset of every business. Compliance with the SOC2 standard helps organizations effectively manage this data and protect it from fraudulent activities that are succsefully evolving along with developing cyber security technologies.

Updating a legacy system is like trying to teach an old dog new tricks. Only this dog is still running Windows 95 and is highly vulnerable in terms of cybersecurity.

As technology progresses, so do the threats that hackers and cyber attackers pose.

Blockchain-based technologies introduce a wealth of possibilities for the financial industry. With blockchain, fintech companies can reduce expenses, automate operations, improve reach, and make data more transparent. And that’s just the tip of the iceberg.


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