The cloud offers a “target-rich environment” for those looking to mount cyber attacks, with the intent of either disrupting commerce or more typically monetizing the data through criminal means. It’s logical to assume that cloud providers are better qualified to secure data, given that their job is to provide computing services in a safe and secure manner.
The cloud has become — and will continue to be — a favored computing model for healthcare organizations. The Third Annual Benchmark Study on Patient Privacy & Data Security by Ponemon Institute found that 91 percent of hospitals surveyed are using cloud-based services; many use cloud services to store patient records, patient billing information, and financial information. However, 47 percent of organizations lack confidence in the data security of the cloud.