this post was submitted on 10 May 2024
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When permitting security failures costs more than preventing, then companies will do something.
Can I sue a company for inadequate data protections if my data is breached? I assume I would have to prove damages, and maybe that becomes harder if I can’t tie the victimization to a specific breach. And probably the terms of service make it harder, like I might have to use arbitration and can’t join a class action suit.
The healthcare industry has as much incentive as the financial industry to maintain a high security environment. Fines for exposing PHI can be astronomical if a large number of records are compromised.
This is a new cold war that we've been in for a while now. Government backed hacker groups from foreign nations are constantly targeting high profile organizations. Healthcare, Finance, and Government are three of the top targets.