CommonSpirit Health reports that ransomware attack cost $160 million
Catholic health system and nonprofit hospital chain CommonSpirit Health has said that a ransomware attack it suffered in October 2022 cost the company US$160 million. Ransomware attacks against healthcare companies are becoming all too common, with one in 42 healthcare organizations worldwide being the victim of ransomware attacks in the final quarter of 2022. With the average cost of a ransomware attack in the US reaching $9.44mn in 2022, the impact of these cyber attacks…
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