Data breaches can have severe consequences, including:
Legal Penalties: Healthcare providers may face substantial fines and legal action for failing to protect sensitive information. Loss of Trust: A data breach can significantly erode patient trust, leading to a decline in patient engagement and care quality. Financial Loss: Costs associated with data breaches can be immense, involving legal fees, compensation, and enhanced security measures. Reputational Damage: The reputation of the healthcare institution can suffer, impacting future business and partnerships.