The rate of internal threats is on the rise, leaving many organizations at risk. In some industries, they occur way more frequently whether it's accidental or malicious. The healthcare industry is one of the most commonly threatened according to Verizon’s 2020 Data Breach Report. They are leading with a 48% rate of internal threats while many others range from around 25-30%.
Internal threats can be just as - if not more - dangerous than external threats. This is because insiders have added advantages such as security access, knowledge of procedures, and organizational trust that aren’t attainable to outsiders. Access to these resources, allow the insiders to maliciously attack the healthcare industry. A common motive for this is financial gain. With healthcare data attracting a high price on the black market, employees may be tempted to engage in malicious activity. Healthcare insiders mainly aim to steal protected health information and healthcare records in order to profit from thieves who use it for financial fraud.
Although many internal attacks are malicious, the majority of them are from employee errors and negligence. These threats include the accidental loss/disclosure of sensitive patient information, sharing login credentials, writing down login credentials, incorrect disclosure, sending data to the wrong recipient, and responding to phishing messages. Careless workers may be well-intentioned but, the negligence of sensitive data can be just as destructive as a malicious attack.
Healthcare organizations have not been able to detect many internal threats, leaving breaches unnoticed for many months or even years. Because of this, internal threats in healthcare are continuing to rise and threaten many organizations and patients with severe consequences. The amount of risk with these internal threats is shocking, considering the value of the data that is being handled on a daily basis. A patient's record can sell for up to $1,000 due to the amount of information found in the documents. The documents include the patient's date of birth, credit card information, Social Security number, address, and email. The risk to healthcare data and the compliance requirements around PHI should force us to rethink our data security program.
With SecureCircle, the healthcare industry is able to diminish internal threats from occurring. SecureCircle’s Data Access Security Broker allows you to have continuous protection over your data even after granting access to users, processes, and applications. DASB works transparently and ensures that your data is protected whenever it is consumed, created, stored, and modified. With SecureCircle, healthcare organizations have complete visibility over their data and will be able to monitor the activity that takes place to their data.