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When cyberattacks take out business systems, organizations suffer from direct and indirect financial losses. When healthcare systems go down, it’s a matter of life and death. Healthcare organizations were already a frequent target of cybercriminals, and the pandemic has made this situation worse. Infosecurity Magazine reports that healthcare data breaches will increase by 3x in 2021, at a time when so many healthcare providers are burnt out and exhausted from battling the pandemic.

According to the Ponemon Institutes, "Cost of a Data Breach" report, a data breach's total global cost averaged $3.86 million in 2020. However, a data breach's implications go far beyond financial losses; it can severely hinder an organization's operational capacity and compliance structures.

Large and small businesses face daily reminders that their data’s security is under attack by digital pirates, hackers, and cybercriminals. These threats require an immediate response, whether it's an unexpected hacking threat or a newly discovered database vulnerability. In this guide, we’ll help you understand these threats and how to prevent them in 2021.

As important as adding new features, app developers need to start placing more emphasis on the security aspect of the applications they design. After all, more app features mean more data residing within an app. Without proper security controls in place, that data can be vulnerable to intruders.