The healthcare sector has seen a marked increase in data breach costs. Since 2020, healthcare data breach costs have increased by 53.3 per cent, according to IBM’s Cost of a Data Breach Report 2023. With an average breach cost pegged at USD$10.93 million, the financial implications are staggering.
Solutions like Snare provide healthcare organisations with unparalleled observability, empowering real-time monitoring, detection, and response to security threats. By efficiently filtering and compressing data, Snare ensures only relevant information is stored, positioning itself as a reliable choice for healthcare providers navigating complex cyber threats worldwide.
To find out how Snare can enhance your healthcare organisation’s cybersecurity posture, streamline log management, and reduce data breach costs, contact the team today.