Healthcare Data Breaches on the Rise
It is no secret that cyber thieves love to target the healthcare industry.Described as the year of the healthcare data breach, 2017 saw 374 healthcare data breaches compromising over 5 million records. The leading attack vector remains hacking – specifically, ransomware and malware – to locate sensitive personal and financial data which can be resold on the black market.
Why do hackers breach healthcare systems? To find valuable data that can be resold on the black market – especially payment data. As in the multi-million-dollar Anthem and Target data breaches, malware was the culprit and is responsible for a large percentage of point-of-sale (POS) breaches – to the tune of 5 malware attacks every second or 170 million each year.
Bluefin specializes in PCI-validated point-to-point encryption (P2PE) for the healthcare industry. Our solution encrypts credit card data at the Point of Interaction (POI) in a PCI-approved P2PE device and decryption is done off-site in an approved Bluefin Hardware Security Module (HSM). Our solution prevents clear-text cardholder data from being present in a healthcare organizations’ system or network where it could be accessible in the event of a data breach. Learn more about P2PE on our FAQs page.