Skip to content

Cyber Insurance News

The Leading Source for Cybersecurity Insurance News, Insights and Data

Healthcare Data Breaches Soar in 2024: 305 Million Records Exposed – Bluesight Report

Posted on February 26, 2025February 26, 2025 By Martin Hinton

Healthcare data breaches soared in 2024, with a staggering 305 million patient records compromised, according to Bluesight’s 2025 Breach Barometer. The report highlights a rise in cyberattacks, delayed breach notifications, and increasing cyber insurance costs. All this adds financial pressure to an already strained industry.

Bluesight logo featuring a circular design with a gradient blue swirl on the left and the word "BLUESIGHT" in bold, uppercase blue letters.
Largest Healthcare Breach in History

In one case a single cyberattack impacted the records of 190 million people. The largest healthcare data breach ever recorded. This event affected one in two Americans – half the population. That scale underscores the urgent need for stronger cybersecurity measures.

“The industry is grappling with ongoing cybersecurity threats and struggling to notify patients of breaches,” said Kevin MacDonald, Bluesight’s CEO. “By leveraging machine learning, organizations can better protect patient data while maintaining regulatory compliance.”

Business Associates Pose the Biggest Risk

The report found that third-party vendors and business associates were responsible for 77% of breached records in 2024. While healthcare providers submitted most breach reports, business associates accounted for the largest volume of stolen data.

Cybercriminals targeted third-party entities due to weaker security measures, making them a primary attack vector. Healthcare organizations must enhance vendor oversight to reduce risks from external partners.

Delayed Breach Notifications Leave Patients Vulnerable

On average, it took 205 days for organizations to notify affected individuals after a breach—a 16% increase from 2023. Many breaches went undisclosed for months, preventing patients from taking protective actions like freezing credit or monitoring for fraud.

Long notification delays raised compliance concerns, as regulations require timely disclosures. Failure to report breaches promptly could lead to regulatory fines and reputational damage.

Insider Threats and Hacking Dominate Breach Causes

While external attacks led to most breaches, insider threats surged, with 16 million records exposed due to employee errors or intentional misuse. Insider breaches included unauthorized access to patient records and misconfigured cloud storage.

Still, hacking-related incidents accounted for 82% of all breaches in 2024. Ransomware attacks, credential theft, and data extortion schemes overwhelmed healthcare IT systems, crippling hospital operations and exposing sensitive information.

Cyber Insurance Costs Soar

Rising cyber threats have made cyber insurance more expensive and harder to obtain. Some healthcare organizations face premium hikes, while others struggled to secure coverage due to high-risk profiles. Insurers are tightening underwriting requirements and demanding better cybersecurity controls before issuing policies.

Financial and Operational Impact of Breaches

The financial toll of healthcare data breaches hit $9.77 million per incident on average, according to IBM’s Cost of a Data Breach 2024 report. Expenses included ransom payments, regulatory fines, and class-action lawsuits.

Beyond financial losses, cyberattacks disrupted hospital operations. A ransomware attack on Synnovis, a UK-based provider, severely impacted National Health Service (NHS) operations. The attack delayed patient care for months.

Call for Stronger Cybersecurity Measures

The 2025 Breach Barometer urges healthcare organizations to implement advanced security measures, including:

  • AI-driven monitoring to detect suspicious activity.
  • Strict access controls to limit insider threats.
  • Faster breach detection and response to reduce notification delays.
  • Stronger third-party risk management for business associates.

“Protecting patient data isn’t just a compliance issue; it’s a matter of trust and patient safety,” said MacDonald.

As cyber threats evolve, healthcare providers must prioritize data security to prevent further breaches and maintain patient confidence.

Other News: 183 Million Records Exposed: Key Insights from the 2025 Healthcare Cybersecurity Report(Opens in a new browser tab)

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.

Cyber Insurance for Healthcare, Cybersecurity, Cybersecurity Report, Supply Chain Cybersecurity And Insurance Tags:Cyber Insurance Costs, cybersecurity in healthcare, Data Breach Notification, Healthcare Compliance, Healthcare Cyberattacks, Healthcare Data Breaches, Insider Threats, Patient Data Protection, Ransomware Attacks, Third-Party Security Risks

Post navigation

Previous Post: Cyber Risk in 2025: Rising Threats, Stricter Regulations & Insurance Shifts
Next Post: New York State Announces New Cyber Regulations; Exempts Itself

Related Posts

  • Data Breaches and Ransomware: How Cyber Insurance Can Safeguard Your Patients Cyber Insurance
  • CyberCube Enters Dutch Market with Partnership for Enhanced Cyber Risk Services Cybersecurity
  • The Identity Security Imperative: Why Businesses Must Secure Every Identity Now Cybersecurity
  • AI Cybersecurity Threats: A Dominating Force in Arelion’s Latest Report Cyber Insurance
  • Data Breach Costs Surge: Kyndryl, Microsoft Unveil Risk Management Services Cybersecurity
  • The Data Loss Dilemma: 20% of Companies Can’t Rebuild Their Data ‘Homes’ After a Cyberattack Cybersecurity

Get the Cyber Insurance Newsletter

Receive weekly updates on the top news on cyber insurance.

Cyber Insurance News

Cyber Insurance News
In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
Load More... Subscribe

Categories

  • AI & Cyber Insurance
  • AI & Cybersecurity
  • Critical Infrastructure cyber insurance and security
  • Cyber Cat Bonds/Cyber Catastrophe Bonds
  • Cyber Insurance
  • Cyber Insurance APAC
  • Cyber Insurance Best Practices
  • Cyber Insurance Captive
  • Cyber Insurance Carriers & Brokers
  • Cyber Insurance Claims
  • Cyber Insurance EU
  • Cyber Insurance Financial Institutions
  • Cyber Insurance for Government
  • Cyber Insurance for Healthcare
  • Cyber Insurance for Schools
  • Cyber Insurance for SMEs/SMBs
  • Cyber Insurance For Startups
  • Cyber Insurance for Utilities
  • Cyber Insurance Geographic Markets
  • Cyber Insurance Industry Groups
  • Cyber Insurance Investments and M&A
  • Cyber Insurance Jobs
  • Cyber Insurance Laws & Regulations
  • Cyber Insurance Litigation
  • Cyber Insurance Market Size
  • Cyber Insurance MENA
  • Cyber Insurance News & Information Podcst
  • Cyber Insurance People
  • Cyber Insurance Policies & Strategies
  • Cyber Insurance Premiums
  • Cyber Insurance Reports
  • Cyber Insurance Settlements
  • Cyber Insurance Sunday – Upload
  • Cyber Insurance Systemic Risks
  • Cyber Insurance Tech
  • Cyber Insurance Threats
  • Cyber Insurance UK
  • Cyber Insurance Underwriting
  • Cyber Insurance Wholesaler
  • Cyber Regulations
  • Cyber War Exclusions
  • Cybersecurity
  • Cybersecurity and Credit Ratings
  • Cybersecurity for SMBs
  • Cybersecurity in Education
  • Cybersecurity Investment
  • cybersecurity jobs
  • cybersecurity M&A
  • Cybersecurity people
  • Cybersecurity Report
  • Cybersecurity Training
  • Department of Homeland Security
  • EU Cybersecurity
  • Insurance Linked Securities/ILS
  • Insurance Loss Warranty contract/ILW
  • Managed Service Providers
  • National Association of Insurance Commissioners' (NAIC) model cybersecurity law
  • Non-criminal Claims/Non-Malicious Claims
  • Opinion/Commentary
  • Personal Cyber Insurance
  • Personal CyberSecurity
  • Ransomware Insurance
  • Reinsurance
  • Risk Modeling
  • SEC Cyber Disclosure Rule
  • Small Business
  • Supply Chain Cybersecurity And Insurance

Send Ideas, Requests & Comments




    Tags

    AI Artificial Intelligence At-Bay Beazley CFC Chubb Cloud Security Coalition Corvus Cowbell Cowbell Cyber crowdstrike cyber attack Cybercrime cyber crime CyberCube cyber insurace cyberinsurance cyber insurance cyber insurance for small businesses Cyber Insurance Market Cyber liability Insruance cyber liability insurance cyberliabilityinsurance Cyber Resilience Cyber Risk Cyber Risk Management cyber security Cybersecurity cybersecurity insurance Cyber threats Data Breach Howden Lloyds Marsh Microsoft personal cyber insurance phishing Ransomware Ransomware Insurance reinsurance Resilience Risk Management SecurityScorecard small business
    • Cyber Insurance Books
    • Cyber Insurance Reports & Documents
    • Cyber Insurance Acronyms/Terms
    • Cyber Insurance Companies: Carriers, Brokers & Vendors
    • Industry Response: Potential Federal Insurance Response to Catastrophic Cyber Incidents
    • Ransomware Insurance
    • How Much Is Cyber Insurance?
    • Considerations for Buying Cyber Insurance
    • Cyber Liability Insurance Near Me
    • Cyber Insurance Quote
    • Newsletter
    • Legal Analysis & Full Text of 2023 SEC Rule: Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
    • Glossary
    • About Cyber Insurance News
    • Privacy Policy

    • Worried About Cyber Security & Insurance for Your Yacht Fleet? There Are Specialized Services for this Vertical Too  Cyber Insurance Carriers & Brokers
    • “Modular” Cyber Insurance Policies Launched By Resilience  Cyber Insurance Best Practices
    • Cyber Security Insurance Industry Moves (Carefully) Toward AI  Cyber Insurance Best Practices
    • CloudCover® Says It’s First With Cyber Insurance that Covers Data in Motion Cyber Insurance Carriers & Brokers
    • Feds Have Failed to Take Basic Step in Analyzing USG Role in Catastrophic Cyber Events: GAO  Cyber Insurance
    • Cysurance Partners with Check Point Software to Enhance Cybersecurity for Data Centers Cybersecurity
    • Urgent Wake-Up Call: 6 Shocking Stats About Family Office Cybersecurity in 2024 Cyber Insurance
    • Cyber Supply Chain Risks Gain Prominence: Report Cyber Insurance Reports

    Related Cybersecurity Sites

    http://www.whatiscyberliability.com

    https://www.whatiscyberinsurance.com

    http://www.ddosattacktutorial.com

    http://www.ransomwareremovaltool.com

    Our Privacy Policy: https://cyberinsurancenews.org/privacy-policy/

    Copyright © 2024 Cyber Insurance News.

    Powered by PressBook Premium theme