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Bullboard - Stock Discussion Forum Identillect Technologies Corp V.ID

Identillect Technologies Corp., through its wholly owned subsidiary, Identillect Technologies Inc. is a software development company that has developed an email encryption software solution. The primary activity of the Company includes research, design, and development of an email encryption solution for use by business and individuals in their day-to-day communication. Delivery Trust, its... see more

TSXV:ID - Post Discussion

Identillect Technologies Corp > Healthcare disruption could 'mount' in days and weeks ahead
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Post by Yoldstein on May 18, 2021 6:40pm

Healthcare disruption could 'mount' in days and weeks ahead

This is Ireland but can see this carrying on with intensity on healthcare as well as infustructure. 

https://www.thejournal.ie/hse-ransomware-attack-2-5440082-Ma

Also for HIPAA  (North America) and GDRP (Europe) compliance laws that govern how data is protected,  found this interesting. 

The HIPAA Journal is reporting that in March of 2021, we saw a 38.8% increase in reported healthcare data breaches from the previous month. Hacking incidents are the dominant breach method. And apparently the higher number of breaches is due to an increase in data breaches at business associates. Here’s the breach breakdown of hacking/IT incidents:

  • 76% involved compromised network servers
  • 24% involved breaches of email accounts
  • 60% of breaches involved business associates

The number of breached records also rose 135.89% with 2,913,084 healthcare records exposed across 62 incidents. That’s a lot of breached healthcare records. Do you think your healthcare data is safe?

https://securityboulevard.com/2021/05/do-you-think-your-healthcare-data-is-safe/

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