The seedy underworld of medical data trafficking

As more healthcare organizations are discovering to their woe, having direct access to patients’ personal health information puts a giant target on their backs for cyber thieves that traffic in stolen medical records. Medical data breaches are increasing in frequency and scope, with millions of Americans now victims of medical identity theft. Who are the criminals behind this digital era crime wave?

IBM research shows that the vast majority of cybercrime is highly organized and generating unprecedented profits, noting that the largest bank heist in history was $30 million compared to the annual $445 billion cost of cybercrime.

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